Articles Tagged with ''economic analysis''

A survey of Latino voters provides important insights into one of the largest communities in the roofing industry following President Donald Trump's 100 days in office.

A Roofing Contractor magazine poll finds industry pros more pessimistic about the state of the economy than the general public, with 61% saying tariffs and a slowing economy are hurting business.

Roofing contractors face rising claim costs from insurers fueled by extreme weather, labor shortages and insurance crackdowns, which threaten profits, hiring and project viability. Still, there are ways to insulate your firm from the tumult.

Westlake reported a sharp Q1 profit drop amid high costs and housing market slowdowns, prompting cost cuts and capex reductions despite strong cash reserves.

Asphalt roofing product shipments showed mixed signals in Q1 2025, with seasonal gains in shingles offset by steep year-over-year declines and growing concerns over tariffs and economic uncertainty.

A new survey by Plant-Tours reveals that 59% of construction pros report increased costs due to tariffs, 52% have delayed or canceled jobs, and 45% have reduced their workforce, all of which are squeezing margins.

Tariffs, supply chain woes, and market shifts challenge metal construction. Experts at METALCON stress adaptability as pricing volatility and policy uncertainty persist.

Rising steel and aluminum costs, driven by tariffs and global shifts, are shaking up U.S. construction — especially roofing. Contractors face tough choices: absorb costs, pass them on, or rethink materials.

Construction added 19,000 jobs in February, signaling strength despite economic uncertainty. Roofing contractors may benefit, but policy shifts could impact growth.

President Trump made good on his promise to enact 25% tariff on imports from Canada and Mexico, and a 10% additional tariff on Chinese goods effective March 5, shaking markets and raising costs for industries. Some roofing contractors and distributors are already adjusting prices.