Sarasota, FL – Joseph McElmeel, Chairman and CEO of the Executive Search Firm Brooke Chase Associates, Inc., is pleased to announce the release of the First Half of 2012 State of the Industry Building Materials Report.
This twelve question survey was sent to over 30,000 building industry professionals to create a biannual industry report. The questions cover industry trends and company statistics. The results of the survey reflect the industry professionals’ first half results and projections for their businesses for the remainder of this year. Respondents included building industry product manufacturers, wholesalers, kitchen and bath dealers, private equity firms, rep agencies and residential home builders.
Of those surveyed, 77 percent reported an increase in revenue during the first half of 2012 compared to the same period in 2011. The same percentage forecast an increase in revenue for the 2012 calendar year. This is a 6 percent increase over the same time period last year. Survey results also show 63 percent of participants met or exceeded their expectations for the first half of 2012, and 42 percent indicated they see improvement in the current state of the Building Materials Industry.
The majority of respondents said they are still relying on the remodeling/replacement market and the commercial market for the largest percentage of their business. Others have succeeded in a down market by creating brand image programs and expanding into niche markets. Many respondents indicated that some areas have stabilized and are gaining momentum, and the majority expects an increase within the next 12 months. While many anticipate no increase in their overall staffing plans during the next 12 months, 31 percent indicated that they would be increasing their sales/ marketing staff to take advantage of increased market share during the next upward swing in housing starts. For additional information visit: www.brookechase.com
Brooke Chase Associates, Inc. is the premier boutique Executive Search Firm within the Building Materials, Plumbing, Cabinet and Kitchen and Bath Industries specializing in the recruitment of executive management professionals. Established in 1980, Brooke Chase Associates, Inc. has offices in Birmingham, Chicago, Charlotte, San Francisco and its Corporate Headquarters in Sarasota, FL. For additional information contact: Joseph McElmeel, Chairman and CEO at 941-479-6382 or email [email protected].
Source: Brooke Chase Associates Inc.
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