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.
A recent MRCA webinar explored how roofing contractors can protect profits as Trump’s tariffs drive up material costs, delay projects, and disrupt supply chains.
New U.S. tariffs on imports could drive up roofing and construction costs, straining supply chains and increasing material shortages. Contractors must adapt quickly as the industry braces for impact.
President Trump’s announced 25% tariffs on steel and aluminum imports have fueled talk of economic uncertainty, disruption of supply chains and an escalation of global trade tensions.
As construction prices incrementally dropped last month, contractors are expressing confidence in their sales, profit margins and staffing in the coming six months.