As construction prices incrementally dropped last month, contractors are expressing confidence in their sales, profit margins and staffing in the coming six months.
Although the risks of a recession remain elevated, roofing contractors may be relieved that inflation seems to have peaked, according to ABC's analysis.
It's no secret contractors have been impacted by massive increases, but economic experts say recent data shows peak inflation may have been achieved, leading to lower prices moving forward.
The partnership comes at an advantageous time for contractors, with the pricing volatility causing uncertainty in the bid process in an industry with traditionally low margins.
In this Legal Insights episode, Trent Cotney, CEO of Cotney Attorneys & Consultants, discusses the ongoing Russia-Ukraine War and how it will impact the roofing industry.