English
English
Español
Français

Sign Up for Our E-News!

Join over 18,000 other roofers who get the Week in Roofing for a recap of this week's best industry posts!

Sign Up
NRCA - Sidebar - Roofing week
Information pinned ad
RClub pinned ad
test
FlashCo - Sidebar ad - Edge
ICP - Sidebar Ad - APOC Professional Protection
RoofersCoffeeShop - Where The Industry Meets!
English
English
Español
Français

Trade Association Coalition Completes Quarterly Market Index Survey for Reroofing

NRCA Market Index Survey
December 21, 2021 at 3:00 p.m.

44% of roofing contractors surveyed report project backlogs of at least three months.

A coalition of industry trade associations representing contractors, consultants and manufacturers in the U.S. and Canada completed its most recent 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.

More than 180 respondents completed the eight-question survey during a two-week period in October with 58 percent of responses coming from roofing contractors and 42 percent coming from roof consultants. The results indicate generally improving market conditions for the reroofing industry. Some topline excerpts of the survey are:

  • 46 percent of respondents indicated their customer inquiries increased five percent or more during the third quarter of 2021 compared with the same quarter in 2020. 22 percent of respondents reported a decrease in customer inquiries during the same period, and 31 percent indicated no change in activity.

  • 43 percent of respondents reported an increase in project contracts during the third quarter of 2021 compared with the same quarter in 2020. 23 percent of respondents reported a decrease in project contracts during the same period, and 35 percent indicated no change in activity.

  • As of October 2021, 14 percent of roofing contractors and roof consultants reported no project backlogs as compared to 19 percent that reported no project backlog in July 2021 and 45 percent of all respondents reported project backlogs of three months or more.

“The Q3 2021 report marks the fourth iteration of the survey and exemplifies a strong demand for reroofing services in both the steep and low slope sectors,” said coalition member and PIMA President Justin Koscher. “By conducting these quarterly reports, PIMA’s goal is to create a better understanding of the current state of the reroofing market and how that compares to prior quarters.”

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 here.

About PIMA 

For more than 30 years, the Polyisocyanurate Insulation Manufacturers Association (PIMA) has served as the voice of the rigid polyiso industry, proactively advocating for safe, cost-effective, sustainable, and energy-efficient construction. Organized in 1987, PIMA is an association of polyiso manufacturers and industry suppliers. Polyiso is one of North America’s most widely-used and cost-effective insulation products. To learn more, visit www.polyiso.org.



Recommended For You


Comments

There are currently no comments here.

Leave a Reply

Commenting is only accessible to RCS users.

Have an account? Login to leave a comment!


Sign In
RCS - L&L contest
English
English
Español
Français

Sign Up for Our E-News!

Join over 18,000 other roofers who get the Week in Roofing for a recap of this week's best industry posts!

Sign Up
test
Metalforming - Sidebar Ad - April 2022
Polyglass - Sidebar Ad - Polyfresko
Information pinned ad
Leap - Sidebar Ad - Empowering Contractors
RClub pinned ad