Each of the Credit Counselors, Surveyors and Appraisers industry's diverse product and service segments responds differently to macroeconomic conditions. Quantity surveying, a procyclical segment, was hurt by deteriorating construction activity over the last five years, while spikes in unemployment and rising consumer debt significantly boosted demand for credit counseling. Revenue grew moderately for industry operators as the housing market gradually improved, whereas economic recovery tempered growth in the countercyclical credit counseling segment. Because credit counseling contributes a larger share of revenue than other product and service segments, the shifting economic landscape will result in tepid but consistent growth in the coming five years.
Operators in this industry primarily provide quantity surveyor services, also known as cost estimation; estate appraisal services (except real estate); or consumer credit counseling services.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.