In 2015, essentially half of companies saw volume increases across company size, most markedly among mid-size firms (57%). Roughly half of firms relocating internationally saw volumes increase as well across firms of all sizes. Few firms saw any volume decreases overall. However, 20% of large firms saw declines in international relocation volumes. Expectations for 2016 are positive. Around four out of ten firms anticipate overall volumes to rise. Internationally, nearly half expect stability compared to 2015. A slight uptick in the percentage of firms expecting decreases is well within non-recessionary historical ranges and is not unexpected after a few years of relocation growth.
As volumes increased in the years after the Great Recession, budgets did not initially keep pace. However, in both 2014 and 2015, nearly half of companies indicate relocation budgets increased, and 41% believe their budgets will increase again in 2016. Last year, regardless of size, essentially half of all firms saw budget increases, and four out of ten expect further increases in 2016. Overall, expectations for 2016 appear to be further growth or stability for budgets, with very few expecting decreases. However, a slight uptick in firms expecting a budget decrease corresponds with the slight increase in those expecting lower volumes. But this does not appear to indicate any worrisome level of retraction.