Issue link: http://psai.uberflip.com/i/954030
18 2018 INDUSTRY RESOURCE DIRECTORY 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) Industry Revenue Growth Compared with US GDP 2012 2013 2014 2015 2016 2017 0 2.5 5 7.5 10 12.5 15 17.5 Septic Tank, Portable Toilet Rental, and Related Industries US GDP 2.22 8.90 8.30 8.90 9.34 6.40 14.90 1.68 2.37 2.86 1.49 2.30 2012 2013 2014 2015 2016 2017 0 2.5 5 7.5 10 12.5 15 17.5 Septic Tank, Portable Toilet Rental, and Related Industries US GDP 2.22 8.90 8.30 8.90 9.34 6.40 14.90 1.68 2.37 2.86 1.49 2.30 Trends. Ibis World data through mid-2017 indicate total revenue for the sector as a whole is around $5.3 billion, or 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 2017 of 8% to 9%, outperforming between 2012 and 2017 the average US GDP growth of about 2.12% over the same period. While anecdotal information from PSAI Members suggests that the past three 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. Ibis World and Fior Market Research both attempt to isolate portable sanitation data, but their analyses produce significantly different results. Ibis World suggests that portable sanitation alone has been growing at a modest 2.68% rate since 2012, while Fior's more sanguine estimate places it around 7.13%. Still, while both sources indicate portable sanitation has probably been growing more slowly than the larger septic and related services area, both agree that portable sanitation has been outperforming the US economy overall. Industry Data