Roofing Statistics Us

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Roofing statistics us.

Us demand for residential roofing products is forecast to advance 4 0 percent per year to 147 million squares in 2020 valued at 10 4 billion. Roofing industry outlook for 2018 and beyond. Find industry analysis statistics trends data and forecasts on roofing contractors in the us from ibisworld. We have unparalleled experience installing maintaining inspecting and repairing every type of roofing and waterproofing system.

Is expected to grow at a compound annual growth rate cagr of 4 9 to reach 19 9 billion in 2021 according to a new white paper by the freedonia group a leading international business research company. United states roofing company is the primary source for all your roofing needs. Not to mention federal studies suggest that the deaths of roofers have reached a 5 year all time high in the u s. In 2020 the federal government spent a total of 322 461 076 on roofing contractors.

Banks consultants sales marketing teams accountants and students all find value in ibisworld. It has awarded 565 contracts to 340 companies with an average value of 948 415 per company. Commercial roofing contractors that can find train and retain workers should continue to flourish as the u s. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less.

By sarah schmidt on october 1 2018. That is a difference of about twice as much. That s 13 growth which is classified as being faster than average. Studies show there are 29 9 roofing deaths per 100 000 full time workers compared to 15 2 deaths per 100 000 full time workers for all construction.

We work on buildings of any size and any height. Roofing offers protection from heat rain and other atmospheric conditions. Through 2024 the bls estimates that there will be 15 800 open positions within the us roofing industry paying an average of 17 65 per hour. There are currently over 50 000 establishments engaged in the installation roofing siding and sheet metal work valued at a total of 31 4 billion.

Boosted by an increase in single family housing starts and the rising need for storm resistant products the demand for roofing in the u s. Demand for commercial roofing is expected to grow 1 6 percent per year over the next several years which experts say could be valued as high as 8 billion. Bureau of labor statistics occupational employment statistics the median annual wage for roofers was 42 100 in may 2019.