Technical and Trade Schools - US Industry Market Research Report (Covers 2010-2023)
The 2019 Technical and Trade Schools Market Research Report is an in-depth assessment of the industry in the U.S. with over 100+ data sets covering 2010-2023.
The Technical and Trade Schools industry includes companies primarily engaged in offering vocational and technical training in a variety of technical subjects and trades. The training often leads to job-specific certification. Instruction may be provided in diverse settings, such as the establishment's or client 'straining facilities, educational institutions, the workplace, or the home, and through diverse means, such as correspondence, television, the Internet, or other electronic and distance-learning methods. Illustrative Examples: Apprenticeship training programs, Nursing schools, Graphic arts schools, Cosmetology schools, Aviation and flight training, Real estate schools, Electronic equipment repair, Modeling schools training, Computer training, Truck driving schools.
Our analysts created the report utilizing extensive business surveys and econometrics. Professionals utilize this report for market sizing, growth planning, benchmarking, due diligence, cost-cutting, strategic planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, and gap analysis. The report includes insightful industry data sets such as historical and forecasted industry sales, operating expense details, product line breakdown, BCG matrix, financial ratios, benchmarks, payroll, state statistics, profitability, organizational analysis, revenue per employee, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, data by state, and much more.
Below are select highlights from the report:
In 2018, industry sales were $16.1 billion
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Over the past 3 years, the industry has grown at an annual rate of 2.3%
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There are 6,717 companies in the industry
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SALES PER COMPANY
In 2018, the average sales per company was $2.3 million
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INFLATION & PRICING
2019 forecasted inflation is 3.4%
The report has historicals, 4 years of monthly figures, and the 5-year forecast
For unprofitable companies, the average net loss is -9.3%
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Employee productivity is $135,799
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2.6% of expenses is spent on health insurance
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In 2018, industry operating expenses grew 0.8%
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In 2018, payroll per employee was $47,496
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PAYROLL BY STATE
California averages $43,107 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
8.9% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $18.48
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The above highlights represent a small fraction of what you will find in this report.
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