Last year brought gains in relocation volumes: nearly half of all companies saw increases. More than half of mid-size and large firms reported increases, as did over a third of small firms. Over half of firms across company size saw international volumes increase indicating international relocation activity levels universally increased, although overall relocation volumes trended lower for small firms in comparison to larger ones. Few saw volume decreases, either overall or internationally. Expectations for 2015 are positive: nearly half anticipate further increases overall and internationally. Mid-size and large firms are more optimistic; small firms relocating internationally are more positive compared to small firms overall (42% vs. 31% expect increases).
While volumes increased following the Great Recession, budgets did not keep pace. However, nearly half of companies last year reported budget increases, a significant jump from the roughly one-third or fewer firms with post-recession increases. Mid-size firms were most likely to see budgets swell, and mid-size and small firms saw larger increases than did large firms compared to the previous year’s percentages. Almost half of all firms believe their budgets will increase again in 2015, with mid-size and large firms showing the most optimism. Few firms expect budget decreases.