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National Demolition Association Survey Reveals a Positive Change in Project Opportunities
A National Demolition Association member companies survey shows a majority seeing a change in the volume of demolition project opportunities, but most respondents report they do not feel the effect of the government's $787 billion stimulus program.
DOYLESTOWN, PA, July 16, 2010 /24-7PressRelease/ -- A recent survey of the member companies of the National Demolition Association, the leading trade organization representing the global demolition industry, reveals that the companies are experiencing a slow improvement in the dynamics of the demolition industry.
In answer to the question, "Are you seeing any change in the volume of demolition project opportunities, jobs to bid, in your market?" 41% of the respondents said "yes." Approximately 25% said "no," while 35% said they are still not sure.
In response to the question "Has the federal government's stimulus program, $787 billion approved last year, had any effect on the market of demolition services in your area?" a full one-third of the respondents said "yes," while 44% said "no," and 20% were not sure.
"These numbers are no surprise," said Michael R. Taylor, CAE, Executive Director of the National Demolition Association. "So much of our work flows from activity in the construction industry and takes a little more time for us to benefit from an upturn in that industry. McGraw-Hill Construction reported that new construction starts in May climbed 3% from the previous month and that non-residential building showed improvement in May, as well. We're optimistic that we'll steadily feel the improvement as the year progresses."
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Elva Legere Clements
Alvare Assoc Representing NDA
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USA 19010
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