Tanja Kern

U.S. asphalt shingle shipments dropped double digits in Q1 2026, with all major roofing categories declining year over year as construction demand softens and costs climb sharply.

Analysts say the acquisition expands QXO’s reach beyond roofing distribution into insulation, installation and data-driven contractor relationships, reshaping competition across the building products sector.

Exterior renovation activity held steady in 2025, led by roofing projects, while homeowners signal slightly lower spending and fewer planned projects in 2026.

QXO plans to acquire TopBuild for $17 billion, creating one of North America’s largest building products distributors and expanding its reach in insulation and materials.

Flat construction spending in 2026 points to uneven commercial roofing demand, with infrastructure and data centers offsetting declines as contractor backlog remains steady.

Leaders met lawmakers in D.C during Roofing Day 2026, urging action on housing tax credits and workforce reforms they say are critical to closing a growing housing shortfall.

Home Depot's CFO breaks down how its supply chain transformation is being built around one customer: the professional contractor.