A coalition of industry trade associations representing contractors, consultants and manufacturers in the U.S. and Canada completed its initial Quarterly Market Index Survey for Reroofing. The survey takes the pulse of the reroofing industry on a quarterly basis and serves as a regular barometer of the industry’s business conditions.
By asking a handful of business questions and measuring responses across numerous demographics, the survey helps give an indication of the reroofing market’s strength and trajectory.
Nearly 500 respondents completed the eight-question survey during a two-week period in January; more than three-quarters of responses came from contractors, and the balance came from roof consultants. The results indicate the continued resilience of the industry in the face of a struggling economy and the global COVID-19 pandemic.
Some topline excerpts of the survey are:
The complete results of the Quarterly Market Index Survey for Reroofing are available to those who participate in the survey via an online dashboard that enables users to filter results by region and other metrics. Contractors and consultants who want to participate in next quarter’s brief survey can sign up for a notification.