Industry Reports
Surveying & Mapping Industry Update
Market Dynamics and Economic Factors The land surveying industry is adapting to fluctuating market conditions driven by economic shifts and changing demand patterns. While residential construction faces challenges from rising interest rates and inflation, non-residential construction is poised for growth, supported by government contracts for infrastructure projects. This sector includes hospitals, commercial buildings, and transportation…
Read MorePlastic and Resin Manufacturing
Key Economic Drivers The plastic and resin manufacturing industry is heavily influenced by fluctuations in the Consumer Price Index (CPI) and the Trade-weighted Index (TWI). As the CPI declines, demand for plastics and resin decreases, affecting both the manufacturing and construction sectors. Despite these challenges, the short-term outlook shows a modest growth of 0.52% by…
Read MorePet Industry Report
Rising Trend in Pet Ownership The surge in pet ownership during the COVID-19 pandemic has reshaped consumer behavior and market demands. With nearly 70% of U.S. households now owning a pet, spending on premium pet products has soared. Pet owners increasingly view their furry friends as family members, driving a significant rise in expenditures on…
Read MoreProfessional Employer Organizations At A Glance
Market Expansion and Regulatory Landscape The PEO industry is poised for significant growth, with revenue expected to reach $248 billion by 2026. Geographical expansion is particularly notable in states like Texas, Florida, and California, where less restrictive regulations allow for broader operational coverage. However, PEOs operating in smaller states must navigate complex regulatory environments that…
Read MoreFood & Beverage M&A Activity | 2022 Overview
Surge in M&A Activity Despite Economic Pressures The food and beverage industry has seen a sustained surge in M&A activity, with global private equity-backed deals totaling $9.69 billion through November 2022. This figure, while lower than 2021’s full-year total, reflects a strong interest in strategic acquisitions despite challenges such as inflation, rising interest rates, and…
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