{"id":614,"date":"2021-04-01T16:44:56","date_gmt":"2021-04-01T16:44:56","guid":{"rendered":"https:\/\/www.networthleaks.com\/blog\/?p=614"},"modified":"2021-04-01T16:44:57","modified_gmt":"2021-04-01T16:44:57","slug":"15-interesting-moving-industry-facts-stats","status":"publish","type":"post","link":"https:\/\/www.networthleaks.com\/blog\/news\/15-interesting-moving-industry-facts-stats\/","title":{"rendered":"15 Interesting Moving Industry Facts & Stats"},"content":{"rendered":"\n

Although the business of relocation might not seem so much of a promising business idea, the moving industry is one of the most thriving industries in the United States.<\/strong><\/p>\n\n\n\n

The moving industry indeed has its good and not-so-good days, but so does every other business venture. However, the United States has over 7,000 moving companies operating in over 13,900 locations across the country.<\/p>\n\n\n\n

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(Photo source: Piece of Cake Moving & Storage NYC)<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

Running a moving company can be very hard and competitive, but it can be a profitable business venture, especially when run correctly.<\/p>\n\n\n\n

The moving industry has seen lots of developments over the years. It remains one of the most lucrative ventures with its high rate of demand since more and more people move every year, especially with the number of people moving in New York City. From professionals relocating due to job loss or career change, students moving back in with their parents and families leaving the city for the suburbs. New Yorkers are relocating more than ever.<\/p>\n\n\n\n

According to one of the highest rated NYC movers<\/a>, the number of moves they did last year increased more than 50% percent between March and August compared with the same period the previous year.<\/p>\n\n\n\n

This article will show how the moving industry has affected the United States’ economy and what new trends have been introduced to this business venture.<\/strong><\/p>\n\n\n\n

To determine the direction where the moving industry is headed, we’ve made a list of 15 interesting facts and stats about the industry:<\/p>\n\n\n\n

#15<\/strong> About 43 million Americans move every year, with around 3 million making an interstate relocation yearly.<\/p>\n\n\n\n

Moving services are one of the most demanded services in the United States. Carrying boxes and furniture from one location to another is not so much fun after a few shoulder and arm aches, so most would rather employ a moving company’s services. In turn, this means more money for business owners in this cycle.<\/p>\n\n\n\n

#14<\/strong> The moving industry employs over 122,600 people and has a combined annual payroll of around $3.6 billion.<\/p>\n\n\n\n

#13<\/strong> Summers are considered the busiest time of year for moving industries, with nearly 60% of annual moves in the US between May to August.<\/p>\n\n\n\n

#12<\/strong> The economic impact of the moving industry was $85.7 billion in 2016.<\/p>\n\n\n\n

#11<\/strong> Individuals with high utility rise for the services of moving companies are:<\/p>\n\n\n\n