Brooke Chase Associates, Inc. Releases State of the Industry Report
Joseph McElmeel, Chairman & CEO of the Executive Search Firm Brooke Chase Associates, Inc., is pleased to announce the release of the First Half of 2011 State of the Industry Building Materials Report.
- (1888PressRelease) August 13, 2011 - Sarasota, FL - This twelve question survey was sent to over 30,000 Building Industry Professionals. Subject questions ranged from company's size, volume and industry trends. It reflects their first half results and projections for their business for the balance of 2011. Respondents included Building Industry Product Manufacturers, Wholesalers, Kitchen & Bath Dealers, Private Equity Firms, Rep Agencies and Residential Home Builder's.
71% reported an increase in revenue during the first half of 2011 compared to the same period in 2010. 82.5% reported that housing starts have an impact on their business, and commented that "The market seems to be spotty. Our business has relied heavily on commercial business to offset the weakness in the residential segment." A major concern echoed by the respondents is that banks are not lending money to businesses within the building products industry especially the small to mid-size firms dependent upon new housing starts and remodeling. 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, 25% 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
About Brooke Chase Associates, Inc.
Brooke Chase Associates, Inc. is the premier executive search firm specializing in the recruitment of executive management professionals within the building materials and kitchen/bath industries. 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 877-374-0039 or email jmcelmeel ( @ ) brookechase dot com.
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