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Industry Professionals Quarterly Market Index Stats

Industry Professionals Quarterly Market Index Stats

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Home Vendor News Industry Professionals Quarterly Market Index Stats

A leading coalition of roofing associations is launching a second annual series of Quarterly Market Index Surveys, designed to provide a barometer of the industry’s business conditions. The one-of-a-kind poll follows a successful effort late last year and early this year, drawing on the views of contractors and roof consultants, who are then provided with exclusive access to the results. Roofing professionals can participate in the Survey for Reroofing at https://bit.ly/roofindexsurvey and submit responses from Monday, October 4th through Wednesday, October 15th.
“This is a great opportunity for anyone in the roofing business to contribute to our knowledge about the industry, and to have access to that knowledge once the survey is complete,” said Ellen Thorp, Executive Director of National Women in Roofing, speaking on behalf of the coalition. “We encourage all of our roofing contractor and roof consultant colleagues to participate. The more responses, the better the results, the more we will all learn.”
This year’s survey launch builds on the momentum of the coalition’s initial effort that measured perceptions of business activity in 2021 Q2. More than 300 respondents completed the eight-question survey during a two-week period this past July. Two-thirds (67%) of the responses came from roofing contractors and one-third (33%) were submitted by roof consultants. The results indicated that despite the Covid-19 pandemic and material and labor shortages, opportunities in the reroofing industry have improved or held steady when compared with business in the same quarter of 2020.
The survey is an industry-wide effort to collect information about the reroofing market spearheaded by a coalition of trade associations, including the Asphalt Roofing Manufacturers Association, Canadian Roofing Contractors Association, Chemical Fabrics & Film Association Inc., EPDM Roofing Association, International Institute of Building Enclosure Consultants, Metal Construction Association, National Roofing Contractors Association, National Women in Roofing, Polyisocyanurate Insulation Manufacturers Association, Roof Coatings Manufacturers Association and Single Ply Roofing Industry.
Roofing professionals can participate in the Survey for Reroofing at bit.ly/roofingSurvey and submit responses from Monday, October 4th through Wednesday, October 15th.

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