Freedonia In The News
Article Title: U.S. Demand for Roofing to Exceed 274 Million Squares In 2013
Publication: Qualified Remodeler, 3/9/2010
Freedonia Study: Roofing (2603)
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Demand for roofing is forecast to grow 2.4 percent per year through 2014 to 274.5 million squares, valued at $17.9 billion. While gains will be modest, they will represent a reversal of the declines over the 2004-2009 period. Advances will be driven by an expected rebound in housing starts from the depressed levels in 2009. Although housing starts will remain below the level reached in 2005, the recovery will fuel above-average gains in the residential roofing market through 2014. These and other trends are presented in Roofing, a new study from The Freedonia Group, Inc., a Cleveland-based industry research firm.
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