U.S. construction added 4,000 jobs in May, marking 13 straight months of gains despite hiring slowdown, tariff hikes and inflation-driven uncertainty across the industry.
Wolfe Research issued an "Outperform" rating on QXO, highlighting strong cash flow, bold tech-driven growth plans and risks tied to leverage and market volatility in the wake of its Beacon acquisition.
Nonresidential construction dipped in April as private demand weakened. Roofing contractors face pressure from tariffs, labor shortages and rising costs, but see promise in data centers and public projects.
Walmart’s tariff warning underscores how U.S. businesses — not foreign exporters — absorb costs, driving up prices and straining construction and roofing supply chains.
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.