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Home » economic analysis

Articles Tagged with ''economic analysis''

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Economic Reports

Record Highs, Lows Shown in Q1 2024 ARMA Shipment Report

Products including BUR and Canadian shingles see lowest Q1 shipments since 2019
Chris Gray, editor of Roofing Contractor and Roofing Supply Pro
Chris Gray
April 24, 2024
No Comments

Some of the largest increases and decreases for Q1 product shipments have occurred this year, according to data from the Asphalt Roofing Manufacturers Association.


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Outsourcing and How to Avoid Strategic Mistakes

Does it make sense to outsource functions within your growing roofing company? Yes, but selectively
David Harrison
April 19, 2024
No Comments
Dave Harrison shares some observations about outsourcing in the roofing industry and offers solutions contractors may want to consider before peak season.
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For International Women's Day, Roofing Contractor combed through the past year of woman-centric articles to bring you some of the best reads about women in the roofing industry. (Links to articles included.)
'You've Come a Long Way, Baby.'

International Women's Day: Celebrating Women Changing the Face of Roofing

On March 8, the world officially celebrates 113 years of womanhood
Bryan Gottlieb
Bryan Gottlieb
March 8, 2024
2 Comments

Women's empowerment progress is evident from economic shifts to increasing representation in traditionally male-dominated fields like roofing, though disparities persist.


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Economic Indicators

ARMA Releases Mostly Upbeat Fourth Quarter Product Shipment Report

Shipments square with other economic data from U.S. Chamber of Commerce, U.S. Bureau of Labor Statistics, show 2023 enjoyed solid growth
Bryan Gottlieb
Bryan Gottlieb
January 23, 2024
One Comment

Asphalt roofing market thrives in Q4 2023: Shingles up 25.5%, modified bitumen up 10.4%. BUR base, ply, and mineral cap sheets decline and the Canadian market faces challenges.


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PCL Construction 2024 Construction Sector Outlook
Economic Indicators

Construction Outlook 2024: Infrastructure Funding Fuels Demand for Large-Scale Projects

PCL Construction offers insights into market trends for the upcoming year
Bryan Gottlieb
Bryan Gottlieb
December 14, 2023
No Comments

PCL Construction's president, Deron Brown, forecasts key trends shaping U.S. construction in 2024.


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Economic Indicators

November Jobs Report Shows Economy Still Humming; Unemployment at 3.7%

Country added 199,000 jobs in November; inflation continues to abate
Bryan Gottlieb
Bryan Gottlieb
December 11, 2023
No Comments

The U.S. economy added 199,900 jobs in November, defying downturn predictions; unemployment is at 3.7% as wage growth accelerates. 


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The Dallas Federal Reserve Bank's Manufacturing Outlook Survey continues to show contraction in the Lone Star State2023
Regional Economic News: Texas

Manufacturing Weakened Further in November Says Dallas Fed

Latest Manufacturing Outlook Survey shows continued contraction in the Lone Star State
Bryan Gottlieb
Bryan Gottlieb
November 29, 2023
One Comment

Texas factory activity contracted more than anticipated in November, as reported by the monthly Texas Manufacturing Outlook Survey by the Federal Reserve Bank of Dallas. 


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Economic Indicators

Reroofing Market Index Survey for Q3 2023 Shows Bright Spots

Findings reflect front-line observations, principally from roofing contractors working on both low- and steep-slope reroofs
Bryan Gottlieb
Bryan Gottlieb
October 27, 2023
No Comments

The North American industry trade associations' amalgamated Quarterly Market Index Survey for Reroofing in Q3 2023 showed improved prospects compared to the same period a year earlier, with eight out of 10 respondents identifying as roofing contractors.


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Economic Indicators

Construction Materials Prices Remained Unchanged in August

Producer Price Index report cites energy costs as a primary driver of specific increases even as the overall index remains flat
Bryan Gottlieb
Bryan Gottlieb
September 19, 2023
No Comments

The August producer price index report showed stable construction materials prices, with slight declines in wood and steel products, while power wire and cable prices surged, but overall, construction materials prices have been relatively steady in 2023.


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Economic Indicators

Seattle Start-Up Challenges Case-Shiller Index ‘Supremacy’

Newly available data science ostensibly reduces the reporting time to days instead of months, questioning the reasoning for a two-month lag in reporting
Roofing Contractor
Roofing Contractor Staff
July 31, 2023
No Comments

Seattle-based real estate AI tech firm, Quantarium, is challenging the standard two-month lag used by the Case-Shiller Index to determine changes in home prices with its TerraIndex HPI; the company says its index provides real-time estimates made available on the second Wednesday of the following month.


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