Supply shortages and price hikes continue to hamper the roofing industry, but the latest U.S. Chamber of Commerce Commercial Construction Index indicates contractors are optimistic on revenue and business opportunities.
Thanks to a combination of multiple issues, including the COVID-19 pandemic, trade wars and an above-average 2020 storm season, the raw material components manufacturers need to create products are simply not available. As a result, everything from petroleum-based products to wood are in short supply, making it difficult for contractors to complete projects on time.