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21 2019 INDUSTRY RESOURCE DIRECTORY Industry Data Sources: US Commerce Department (GDP data), US Census Bureau Total Revenue Establishments Subject to Federal Income Tax (Septic Tank, Portable Toilet Rental, and Related Industries data through 2015), Statistica.com (Septic Tank, Portable Toilet Rental, and Related Industries data estimates for 2016–17), IBISWorld Industry Revenue Growth Compared With US GDP 2016 2017 Septic Tank, Portable Toilet Rental, and Related Industries US GDP 9.34 6.40 1.49 2.30 2014 2015 2016 2017 Septic Tank, Portable Toilet Rental, and Related Industries US GDP 8.90 9.34 6.40 14.90 2.37 2.86 1.49 2.30 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 2012 2013 2014 2015 2016 2017 2018 2.22 3.4 5.5 1.68 7.5 5.9 7.0 13.6 11.8 7.4 9.1 6.5 2.37 2.86 1.49 2.30 2.2 2.5 3.15 3.4 2.4 Septic Tank, Portable Toilet Rental, and Related Industries US GDP Portable Toilet Rental Trends. IBISWorld data through late-2018 indicate total revenue for the sector as a whole is around $6.7 billion, and $1.9 billion for portable toilet rental alone. This represents roughly 0.01% to 0.03% of the US gross domestic product (GDP). The industry has posted an estimated average revenue growth rate from 2012 to 2018 of 5% to 8%, outperforming the average US GDP growth of about 2.34% over the same period and generally doing better than the larger waste pumping and hauling industry. While anecdotal information from PSAI Members suggests that the past five years have indeed been quite good, the degree of recovery cannot be fully assessed because the industry data above does not separate portable sanitation from the larger septic industry. IBISWorld and Fior Market Research both attempt to isolate portable sanitation data, and their analyses produce similar results. Ibis World suggests that portable sanitation alone has been growing at rate of about 7.25% since 2012, with recent slowdowns to just over 2% in 2017 and 2018. Fior's estimate places the growth rate around 7.38% but without a slowdown. Still, both sources indicate portable sanitation has probably been growing slightly more quickly than the larger septic and related services area, and both agree that the industry has been outperforming the US economy overall. 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 2012 2013 2014 2015 2016 2017 2018 2.22 3.4 5.5 1.68 7.5 5.9 7.0 13.6 11.8 7.4 9.1 6.5 2.37 2.86 1.49 2.30 2.2 2.5 3.15 3.4 2.4 Septic Toilet Related US GDP Portable Better worksites. Better weekends. Better world. EXCLUSIVE MEMBERS-ONLY CONTENT REDACTED Join us now at www.psai.org for access to this valuable information.