You've heard it before: swarms stink, government and real estate agent groups are eliminating mandatory inspections, and housing fell off a cliff, setting up the worst financial crisis since the Great Depression. It's no surprise that industry-wide, termite revenue has skidded off the charts. From its peak in 2005 through 2008, total revenue derived from all termite service (including renewals) declined nearly one-half billion dollars, according Specialty Products Consultants President Gary Curl, whoannually surveys the industry. The outlook for 2009 is expected to be down again for the fourth straight year, he said. (Those numbers are not yet tabulated.).
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