Thank you to all members and suppliers who responded to the 2025 Sales Outlook Survey, which provided the following results:
| GENERAL ASSESSMENT OF ECONOMIC CONDITIONS IN 2025 | MEMBERS |
| • 63% of respondents predicted that economic conditions will be better in 2025 as compared to 2024 |
| • 33% of respondents predict that economic conditions will be about the same in 2025 as compared to 2024 |
| • 4% of respondents predict that the economic conditions in 2025 will be worse compared to 2024 |
| GENERAL ASSESSMENT OF ECONOMIC CONDITIONS IN 2025 | SUPPLIERS |
| • 79% of respondents predicted that economic conditions will be better in 2025 as compared to 2024 |
| • 17% of respondents predict that economic conditions will be about the same in 2025 as compared to 2024 |
| • 4% of respondents predict that the economic conditions in 2025 will be worse compared to 2024 |
| 2025 SALES GROWTH PROJECTIONS | MEMBERS |
| • 68% of respondents predict sales increases in 2025 of 0%-5% compared to 2024 |
| • 21% of respondents predict sales increases in 2025 of 6%-10% compared to 2024 |
| • 6% of respondents expect sales to (decrease) in 2025 compared to 2024 |
| • 5% of respondents predict sales increases in 2025 of 15%+ compared to 2024 |
| 2025 SALES GROWTH PROJECTIONS | SUPPLIERS |
| • 58% of respondents predict sales increases in 2025 of 0%-5% compared to 2024 |
| • 23% of respondents predict sales increases in 2025 of 15%+ compared to 2024 |
| • 19% of respondents predict sales increases in 2025 of 6%-10% compared to 2024 |
| • 0% of respondents expect sales to (decrease) in 2025 compared to 2024 |
| PREDICTED MARKET SEGMENTS THAT PROVIDE THE STRONGEST GROWTH POTENTIAL IN 2025 | MEMBERS |
| • 41% Residential (single family) |
| • 17% Commercial Facilities (new construction/MRO) |
| • 13% Residential (multi-unit) |
| • 10% Institutional (new construction/MRO), i.e. schools, hospitals, prisons, etc. |
| • 6% Irrigation/Waterworks |
| • 5% Industrial Facilities (new construction/MRO) |
| • 5% Government/Military |
| • 3% Other (repair, remodel, pool, HVAC, agriculture, water wells, oilfield, internet, showroom) |