Market Update – August 2013

The highest industry growth rates on record have been seen in this quarter’s data from the Interim Management Association (IMA).

The Ipsos MORI data from the IMA shows that the overall number of new assignments started increased by eight per cent in the last quarter – a continued rise since Q3, 2012. Furthermore, the net difference between new assignments started and those completed has doubled and remains positive at +84.

The number of assignments in progress per member has declined from 67 in Q1 to 62 in Q2. However, since the same quarter in 2012 there has been a steady increase – peaking in Q4 at 68 per member.

The length of assignments has also seen a massive increase in the last quarter – from 130 days in Q1, to 181 days.