IBISWorld's analysts constantly monitor the industry impacts of current events in real-time – here is an update of how this industry is likely to be impacted as a result of the global COVID-19 pandemic:
error_outlineThe COVID-19 outbreak is expected to have little effect on the Auxiliary Finance and Insurance Services subdivision.
error_outlineDemand for subdivision services will likely remain largely unchanged given its service-based nature.
error_outlineSubdivision operators also primarily provide services domestically and to local clients, limiting their exposure to international demand volatility. As a result, current trends and forecasts are expected to remain largely unchanged.
Note: The content in this report is currently being updated to reflect the trends outlined above.