Plumbing Manufacturers International’s “Plumbing Manufacturing Industry Economic Impact Study” reveals the combined, total economic impact of plumbers and plumbing manufacturers to be more than $442 billion annually, with almost 1.8 million jobs, and over $142 billion in wages.
The book is sponsored through Bradford White’s Industry Forward program, which highlights the value and opportunities that come with a career in the trades.
Contractors and engineers see a marketplace that is stabilizing, even if margins remain tight. “We remain cautiously optimistic about plumbing industry market conditions in 2026,” says Jason Pritchard, president of the Plumbing-Heating-Contractors—National Association (PHCC). He notes that while uncertainty remains, moderate growth is expected for plumbing and HVAC contractors, though high prices driven by tariffs and inflation will continue to shape consumer behavior.