Roof Repairs Drive Major Growth

roof repairs
Whether it’s a new home or roof repairs, the roofing industry is on the rise.

New home construction and roof repairs from storm damage are good for roofing contractors’ business.

That’s what recent data from Sageworks reveals. Private roofing contractors’ sales increased 14 percent in the 12 months that ended May 1. That follows good numbers for the previous two years as well. Sales increased 13.5 percent in 2017 and 15 percent in 2016.

“Roofing contractors have experienced stronger sales growth in recent years, tracking pretty closely with sales increases among all types of construction firms in our database and outperforming private companies broadly when you look across all industries,” says Sageworks analyst Libby Bierman, in a Forbes report. “And like many sub-industries in the construction sector, roofing contractors don’t typically have the fattest margins. However, roofers have been able to improve their profitability in recent years.”

Roof repairs driven by storm damage have been a major driver of the industry’s growth.
“The construction industry is booming for our clients, and experts are predicting continued growth,” says Ed Lloyd, CPA, whose public accounting firm specializes in construction and business development. “This growth includes the commercial and residential markets for new and existing building. The growth and need for construction has improved the margins as contracts are able to increase their prices with the increased demand.”

David Bange Roofing Can Help You

If you’re in the market for roof repairs, look no further than David Bange Roofing. Since its beginning, the company has provided top-notch service to Southern Florida’s homeowners and businesses.

David Bange Roofing is a family-owned, full-service roofing company. We maintain relationships with top roofing materials companies, and have expanded our services to include solar roofing through RISE.

We also offer insurance claim assistance to customers who suffer damage from storms. As Floridians, we know how tough it is to cope with cleanup from a hurricane, and aim to make that recovery as painless as possible for our customers.



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