Industry Analysis & Industry Trends
Over the past five years, operators in the Flooring Installers industry have experienced a variety of conditions as the US economy has recovered from the recession and housing values have begun to rebound. With the resurgence of residential construction markets, flooring installers are benefiting from new investments in housing stock. Similarly, nonresidential construction returned to growth during the five-year period as increasing consumer spending revived corporate profit margins. Over the next five years, industry operators are forecast to experience more favorable conditions. Strong residential growth during the period, especially in the next two years, will help flooring contractors increase profitability and expand revenue... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entry into the Flooring Installers industry are relatively low. The qualifications to undertake floor installation and contracting activities may be obtained through formal apprenticeship or on-the-job training. However, the vast majority of industry participants have no formal training. State-based registration or licensing of contractors is not required nationwide with several of the larger states also not requiring licensing (most notably New York and Pennsylvania).
Most competitors in this industry operate within a narrow regional market. Thi.. purchase to read more