After Receiving Mixed Anecdotal Reports, Roll Forming Survey Reflects Positive Market
We just came back from the first ever Post-Frame Builder Show. One of the great things is the opportunity to talk with builders, dealers, manufacturers and various professionals in our corner of the construction industry. One topic that always comes up is: “How is the industry doing?” Is business up or down, busy or slow, and what is next?
There are a lot of factors that can affect the business climate short term, especially in an election year. The general impression was that Q2 was slower than Q1, with no specific reasons given for the decrease. The story seemed similar across the various markets we serve.
Since we are generating data for the industry, this presented an excellent opportunity to validate or disprove what people were saying. We sent a survey on business climate comparing Q1 and Q2 in late June. The results were interesting.
Rollforming Magazine is about roll forming and metal forming so readers typically function at the dealer/distributor or manufacturer stage of the construction process.
Despite what we heard at the Post-Frame Builder Show, business is reportedly good for manufacturers and dealer/distributors.
Sales in dollars were generally up for Q2 vs. Q1 2024, and for Q2 2024 vs. Q2 2023. These generally were in keeping with expectations. RF