IRgA is starting an important new research venture, and needs your help! The IRgA Index will be a new quarterly measure of the industry. The main component of the IRgA Index will be a compilation of data about member businesses.
We are seeking 50 IRgA members willing to anonymously answer a simple four-question survey:
1) Is your business up, down, or flat the AEC segment?
2) Is your business up, down, or flat in the non-AEC segment?
3) Are your equipment sales up, down, or flat?
4) What non-AEC vertical market are you currently most successful in?
We will email this survey each quarter to the participating member companies and compile the resulting data regionally. The data will be aggregated; no individual shop's data will be identified.
An index will be created with a simple mathematical formula that will create a number indicating the growth in a segment, just as the monthly AIA Billings Index does for the architecture business. An index of 50 will indicate no growth; anything below 50 will indicate shrinkage; and anything above 50 will indicate growth.
In addition, a number of external data sources will be concisely summarized each quarter, such as Census Bureau housing starts data, National Association of Realtors home sales data, and AIA data.
The result will be a "snapshot" view of the reprographics industry that combines member data with external data to paint a complete picture of the current state and likely growth of the reprographics industry. Over time the index will also provide a historical view of the industry.
Member companies that provide data for the survey, and all Bronze, Silver, and Gold members, will receive a more complete compilation of the data. If you are willing to participate, please email IRgA Managing Director Ed Avis.