21st Century Growth: An Optimist's Perspective

Kaulkin Ginsberg Projects Collection Industry Revenues to Increase 6% to $22.2 Billion by 2011
August 30, 2007: BETHESDA, MD - Revenues for the debt collection industry are projected to grow at a compound annual rate of six percent – from $16.7 billion in 2006 to $22.2 billion in 2011 – according to new research from Kaulkin Ginsberg, the leading provider of M&A, strategic advice, research, and information for the Accounts Receivable Management (ARM) industry.

That's 6% per year. Fantastic.

Kaulkin Ginsberg Index
August 15, 2007: BETHESDA, MD - The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivable management industry (ARM), has increased 3.7 percent to 1399.3 during the second quarter of 2007. The KGI is down 5.0 percent from 1472.5 at the same time a year ago.

That's a mixed picture but let's not get discouraged.

Kaulkin Ginsberg Index: What does the Index include?

So here's our wish list, as optimists and investors in one of America's strongest growth industries.

1. Falling unemployment (so people can pay)
2. Rising fed funds rate (so adjustable rate mortgages can cause pain)
3. Rising charge-off rates (so there is debt to go after)
4. Rising consumer credit (more debt! hurray!)
5. Rising price of industry stocks (so outlook is good)
6. Falling bankruptcies (so people will pay)
7. Rising CPI (so people take on more debt)

Well, some of that certainly seems doable. What we can't achieve in quantity perhaps we'll more than make up for on quality!

This post inspired by a comment Teri left at MaxedOutMama: The McMansion Special in regards to debt collection being a growth industry.