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DECEMBER INDUSTRY CLIMATE SURVEY REPORT
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INDUSTRY CLIMATE SURVEY REPORT

Mar 16, 2022

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Page 1: INDUSTRY CLIMATE SURVEY REPORT

DECEMBER

INDUSTRY CLIMATE SURVEY REPORT

Page 2: INDUSTRY CLIMATE SURVEY REPORT

Structural Building Components Association December 2017 Industry Climate Survey

Copyright © 2017 SBCA

Page 2 of 10

Table of Contents

Executive Summary ...................................................................................................................................... 3

Survey Participation ..................................................................................................................................... 4

Number of Participants by Region ................................................................................................... 4

Percent of Participants by Region .................................................................................................... 5

Participants by Manufacturing Facility Sales Volume ...................................................................... 5

Manufacturing Facility Sales Volume by Region .............................................................................. 5

Sales Outlook for 2018 ................................................................................................................................. 6

Manufacturing Facility 2018 Sales Outlook ..................................................................................... 6

Manufacturing Facility 2018 Sales Outlook by Region .................................................................... 6

Manufacturing Facility 2018 Sales Outlook by Mfg Facility Sales Volume ...................................... 7

Estimated Change in Gross Sales between 2017 & 2018 ................................................................ 7

Profitability Outlook for 2018 ...................................................................................................................... 8

Manufacturing Facility 2018 Profitability Outlook .......................................................................... 8

Manufacturing Facility 2018 Profitability Outlook by Region .......................................................... 8

Manufacturing Facility 2018 Profitability Outlook by Mfg Facility Sales Volume............................ 9

Estimated Change in Profitability between 2017 & 2018 ................................................................ 9

Top Challenges in 2018 .............................................................................................................................. 10

Percentage of all Participants Indicating Topic as Challenge in 2018 ............................................ 10

Top Identified Challenges by Region.............................................................................................. 10

Top Identified Challenges by Manufacturing Facility Sales Volume .............................................. 10

Page 3: INDUSTRY CLIMATE SURVEY REPORT

Structural Building Components Association December 2017 Industry Climate Survey

Copyright © 2017 SBCA

Page 3 of 10

Executive Summary

SBCA is pleased to provide a Business Climate Survey for 2018. In November of 2017, SBCA sent out an

online questionnaire to all component manufacturing member locations. In all, 129 locations provided

at least partially useable responses. Responses showed that the majority of members are optimistic

about the coming year, while the largest concern across the country was production labor availability.

Going forward, SBCA will conduct surveys regularly, focusing on different aspects of business operations,

including financial, wages/benefits, operations and industry trends. Watch for a Financial Performance

Survey in early January. Survey questions will be simplified from the past in order to allow for as much

participation as possible from SBCA members.

Thank you to subcommittee members Jeff Taake (Mead Lumber Co.), Jeff Smith (Trussway), John

Herring (A-1 Roof Trusses) and Dave Green (Carolina Structural Systems) for their time and efforts on

the SBCA surveys conducted in 2017.

We look forward to continual improvement and increased participation in the years to come.

Page 4: INDUSTRY CLIMATE SURVEY REPORT

Structural Building Components Association December 2017 Industry Climate Survey

Copyright © 2017 SBCA

Page 4 of 10

Survey Participation

-

5

10

15

20

25

30

35

40

45

50

Northwest Southwest Midwest Southcentral Northeast Southeast

NUMBER OF PARTICIPANTS BY REGION

Page 5: INDUSTRY CLIMATE SURVEY REPORT

Structural Building Components Association December 2017 Industry Climate Survey

Copyright © 2017 SBCA

Page 5 of 10

Northwest7%

Southwest4%

Midwest39%

Southcentral18%

Northeast19%

Southeast13%

PERCENT OF PARTICIPANTS BY REGION

0

5

10

15

20

<$1 Million $1-$5 Million $5-$10Million

$10-$20Million

$20-$30Million

>$30 Million

PARTICIPANTS BY MFG FACILITY SALES VOLUME

Northwest Southwest Midwest Southcentral Northeast Southeast

0

10

20

30

40

50

Northwest Southwest Midwest Southcentral Northeast Southeast

MFG FACILITY SALES VOLUME BY REGION

<$1 Million $1-$5 Million $5-$10 Million

$10-$20 Million $20-$30 Million >$30 Million

Page 6: INDUSTRY CLIMATE SURVEY REPORT

Structural Building Components Association December 2017 Industry Climate Survey

Copyright © 2017 SBCA

Page 6 of 10

Sales Outlook for 2018

Better than 201761%

Same as 201733%

Worse than 20176%

MFG FACILITY 2018 SALES OUTLOOK

0%

10%

20%

30%

40%

50%

60%

70%

80%

Northwest Southwest Midwest Southcentral Northeast Southeast

MFG FACILITY 2018 SALES OUTLOOK BY REGION

Better than 2017 Same as 2017 Worse than 2017

Page 7: INDUSTRY CLIMATE SURVEY REPORT

Structural Building Components Association December 2017 Industry Climate Survey

Copyright © 2017 SBCA

Page 7 of 10

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

<$1 Million $1-$5Million

$5-$10Million

$10-$20Million

$20-$30Million

>$30 Million

MFG FACILITY 2018 SALES OUTLOOK BY MFG FACILITY SALES VOLUME

Better than 2017 Same as 2017 Worse than 2017

60 Responses

5 Responses

-15%

-10%

-5%

0%

5%

10%

15%

Med

ian

Incr

ease

/Dec

reas

e

ESTIMATED CHANGE IN GROSS SALES BETWEEN 2017 & 2018

Page 8: INDUSTRY CLIMATE SURVEY REPORT

Structural Building Components Association December 2017 Industry Climate Survey

Copyright © 2017 SBCA

Page 8 of 10

Profitability Outlook for 2018

Better than 201754%

Same as 201734%

Worse than 201712%

MFG FACILITY 2018 PROFITABILITY OUTLOOK

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Northwest Southwest Midwest Southcentral Northeast Southeast

MFG FACILITY 2018 PROFITABILITY OUTLOOK BY REGION

Better than 2017 Same as 2017 Worse than 2017

Page 9: INDUSTRY CLIMATE SURVEY REPORT

Structural Building Components Association December 2017 Industry Climate Survey

Copyright © 2017 SBCA

Page 9 of 10

0%

10%

20%

30%

40%

50%

60%

70%

<$1 Million $1-$5 Million $5-$10Million

$10-$20Million

$20-$30Million

>$30 Million

MFG FACILITY 2018 PROFITABILITY OUTLOOK BY MFG FACILITY SALES VOLUME

Better than 2017 Same as 2017 Worse than 2017

39 Responses

6 Responses

-6%

-4%

-2%

0%

2%

4%

6%

8%

Med

ian

Incr

ease

/Dec

reas

e

ESTIMATED CHANGE IN PROFITABILITY BETWEEN 2017 & 2018

Page 10: INDUSTRY CLIMATE SURVEY REPORT

Structural Building Components Association December 2017 Industry Climate Survey

Copyright © 2017 SBCA

Page 10 of 10

Top Challenges in 2018

0% 10% 20% 30% 40% 50% 60% 70%

Material Costs

Labor Costs

Production Labor Availability

Technical/Designer Labor Availability

Workforce Training

Risk Management

Requests to Exceed Scope of Work

Increasingly Competitive Market

Healthcare Costs

Customers' Financial Stability

Governmental Regulation

Other

PERCENTAGE OF ALL PARTICIPANTS INDICATING TOPIC AS CHALLENGE IN 2018

0

5

10

15

20

25

30

35

Northwest Southwest Midwest Southcentral Northeast Southeast

TOP IDENTIFIED CHALLENGES BY REGION

Material Costs Labor Costs

Production Labor Availability Technical/Designer Labor Availability

0

5

10

15

20

<$1 Million $1-$5Million

$5-$10Million

$10-$20Million

$20-$30Million

>$30 Million

TOP IDENTIFIED CHALLENGES BY MFG FACILITY SALES VOLUME

Material Costs Labor Costs

Production Labor Availability Technical/Designer Labor Availability