Date: July 13, 2010
Source: National Demolition Association
A recent survey by the National Demolition Association reveals tepid optimism among its demolition industry members about current business prospects. 41 percent of respondents said they are seeing a positive change in business volume, whereas 25 percent said no. 44 percent of respondents said that the federal government's $787-billion stimulus program, approved last year, had no effect on the market for demolition services in their area, whereas 33 percent said it did. "These numbers are no surprise," says Michael R. Taylor, 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 three per cent from the previous month and that non-residential building showed improvement in May as well.
PRESS RELEASE
National Demolition Association Survey Reveals a Positive Change in Project Opportunities
A survey of member companies of the National Demolition Association shows a majority is seeing a change in the volume of demolition project opportunities, but most respondents report they are not feeling the effect of the government's $787 billion stimulus program.
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."
The National Demolition Association is a non-profit trade organization representing approximately 1,000 U.S. and Canadian companies and many international firms that are involved in the demolition process. Membership includes demolition contractors, general contractors, civil engineering firms, and recycling, landfill, and salvage operations. The association's efforts help members stay abreast of environmental, regulatory and safety matters, keep regulators informed about issues facing the industry, increase public and industry awareness, and provide members with networking opportunities and information on the latest technical advances in equipment and services. The website is www.demolitionassociation.com.
For more information, contact:
Elva Legere Clements
610-520-6140, Ext. 203
elva@alvare.com.
www.alvare.com.
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