The latest data from the Asphalt Roofing Manufacturers Association (ARMA) shows asphalt product shipments in the third quarter are down in all tracked categories compared to the previous quarter.
In the association’s Quarterly Product Shipment Report for the third quarter of 2022, shipments of shingles, BUR and modified bitumen decreased, in most cases by double digits. This follows in a trend seen last year, where shipments were all down in Q3 2021. It’s a stark contrast to the third quarter of 2020, where all products saw increases in shipments.