Today’s market size post looks at collection agencies. You may be forgiven for assuming that collection agencies are in a recession-proof sort of business. From the looks of the national data on that industry, this is not entirely true. The graph shows estimated annual revenue for collection agencies over more than a decade.
Geographic reference: United States
Year: 1999 and 2009
Market size: $6.10 billion and $11.14 billion
Source: “Table 7.1. Administrative and Support and Waste Management and Remediation Services (NAICS 56) — Estimated Revenue for Employer Firms: 2002 Through 2009,” Service Annual Survey: 2010, parts of which are available online here. Data for years prior to 2002 were obtained from earlier editions of the Service Annual Survey, many of which are also available from the Census Bureau’s websites.
Original source: U.S. Census Bureau
Posted on November 2, 2011