Earlier this month AIRINC was invited to speak with Plus Relocation’s Advisory Council about the state of the US rental market. We presented on the unprecedented inflation that we have seen in the last year, our expectations for the rest of 2022 & 2023, and how companies are reacting.
Here is some of the market intelligence that we shared:
AIRINC measured 130+ US locations with 10% or more inflation from April 2021 to April 2022
The majority of that inflation has occurred in the past 6 months
Annual Inflation in many of the Bureau of Labor Statistics Top 40 Metropolitan Statistical Areas (MSAs) is 3-3.5x higher than total inflation from 2016-2019
This unprecedented inflation has been driven by a combination of:
Thank you to Plus Relocation for inviting us to present! Need to hear more on the impact of inflation across the world? Contact us!