In dollars, what is the commercial roofing market in Chicagoland?

---

Request for Question Clarification by bizwhiz-ga on 07 May 2002 22:01 PDT

Hello avondale-ga

To do an accurate search , can you please clarify what year you would
like the market size for and which segemnt of the market: bitumen
roofing, built-up roofing or single-ply?

Thanks

 Bizwhiz-ga

This is a tough one but I will give it a try.
The Construction Industry in Illinois reached approximately 2 Billion
dollars in 1999. http://www.bea.doc.gov/bea/regional/gsp/
Out of that, 42% centers on Bulding construction and General
contracting or $840,000 under which Roofing applies.
http://www.bizstats.com/marketsizes.htm

There are approximately 159,000 roofers in the US, which comprises
1.7% of the 8.3 million workers employed in all of construction.
http://www.bea.doc.gov/bea/dn1.htm

When 1.7% is multiplied into the Illinois Contruction figure of 2
billion, it equals $340 million. This figure seems to work out as this
amount of money equals 40% of the $840 million that is the Building
Construction & General Contracting part of the total Construction
indusry. It appears to work because Roofing is a major part of this
sector of the indusry.

The Chacago percentage of the Illinois economy
http://www.ci.chi.il.us/PlanAndDevelop/ChgoFacts/ (Based on retail
sales $366 billion - Il, 107 Billion - Chicago) is about 29.2% which
means 29.2% of the $340 million figure for roofing comes to about
$99.28 million.

This looks valid to me given the status of Chicago. HTH

Bob

The Dodge Report (http://fwdodge.construction.com) is a publication for the construction industry that claims to be "the premier provider of construction 
analysis, forecasts and trends."   The Report lists all current projects, either up for bid or currently underway, in all major metropolitan markets.

While their data is not freely available on the net, it can be purchased and there probably is an appropriate report in there that describes the current 
market for commercial roofing products/services in the Chicagoland area.

The most promising looks to be the Dodge Construction Potential Bulletin (DCP-B), at a cost of $600-$1200 per region:

http://fwdodge.construction.com/Analytics/MarketTrends/CPBulletins.jsp

"A snapshot review of detailed construction start data for 32 residential, non-residential and engineering project types. Current month starts, year-to-date 
totals and comparative data from the previous year can be broken down by thousands of geographic segments including individual county, metro area, 
state or nationwide."

google search: dodge report construction

You might also want to look at CMD (www.cmdg.com) or CDN (Construction Data 
News).  Another thought would be to look at different roofing associations.  

To get an unscientific idea you can goto www.construction.com and goto the 
dodge plans section register for free and do a word search for roofing and it 
will search all the current bidding commercial project specs (about 50% at most 
of all actual bidding projects).