Roofing contractors optimistic for 2002. (Roofing).(Brief Article)(Statistical Data Included)

The National Roofing Contractors Association's (NRCA) Annual Market Survey revealed a 10.8% decline in overall roofing construction spending from 2000 to 2001. However, roofing contractors are optimistic for this year, projecting a growth of 4.1% for 2002.

Total roofing industry sales for 2001, as reported by survey respondents, were $30.18 billion, down $3.66 billion from the previous year.

According to the survey, low-slope roofing accounted for $19 billion, or 63% of the market, and 61.9% ($11.76 billion) of that was reroofing work. New construction work