2009 Relocation Forecast Lower Than Expected

That’s the conclusion reported last week by Atlas Van Lines. According to their annual Corporate Relocation Survey, companies are cutting their relocation budgets as well as the number of people being relocated, and expect that trend to continue at least through 2009.

“More than half (52 percent) predict that they will decrease the number of employees they move in 2009, and 48 percent predict relocation budgets will be cut again, as well. These percentages are more than double…see the rest of the 2009 relocation forecast article.

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Fewer Families Relocated in 2008

RISMeadia states: Data from the U.S. Census Bureau indicates that only 12% of Americans changed residences in 2008 and 13% the prior year, down from over 20% mobility per year from the 1950s to the mid-1960s.

A poll by the Pew Research Center shows that 60% of Americans have moved one or more times. However, over 33% remain in their hometowns, and 57% have stayed in their state of origin. Of those characterized by Pew as “movers,” almost 40% say they are not living in their “heart home.”

Pew says Americans are not moving as often because two-career couples cannot easily find new jobs in another location, and an increase in the older population also has decreased mobility. The study indicates that “movers” tend to have college degrees and often cannot find a job in their hometowns.

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