|FOR IMMEDIATE RELEASE
Date: Feb. 23, 2021
|CONTACT: Sara Vaughn
Rosemont, Ill.—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.
The survey is an industry-wide effort 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, National Roofing Contractors Association, National Women in Roofing, Polyisocyanurate Insulation Manufacturers Association, Roof Coatings Manufacturers Association and Single Ply Roofing Industry.
By asking a handful of business questions and measuring responses across a number of 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 with more than three-quarters of responses coming from roofing contractors and the remainder coming 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:
“Roofing contractors need a reliable supply chain built on accurate data. For the first time, roofing professionals are providing the data needed for better supply management,” says Reid Ribble, NRCA’s CEO. “National roofing industry associations have partnered together to create a consistent stream of information coming directly from the source—contractor and consultant sales and inquiry data. I encourage all roofing contractors to participate.”
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. Any contractor or consultant who wants to participate in next quarter’s brief survey can sign up for a notification at http://bit.ly/37ank7D.
Since 1886, the National Roofing Contractors Association has been the home for generations of entrepreneurial craftsmen and enterprises who shelter and protect America’s families and businesses and each other. Our vision is the recognition of our members as professionals and to unite the industry to that purpose. NRCA is one of the construction industry’s most respected trade associations and the voice of roofing professionals and leading authority in the roofing industry for information, education, technology and advocacy. It represents all segments of the roofing industry, including contractors; manufacturers; distributors; architects; consultants; engineers; building owners; and city, state and government agencies. For information about NRCA and its services and offerings, visit nrca.net.