STOCK TITAN

STANLEY® National Survey Finds that Nearly Half of Residential Trade Pros Would Rather Go Without their Phone, Wallet or Keys than their Tape Measure

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

STANLEY, a Stanley Black & Decker brand, released a survey revealing that many residential trade professionals consider their tape measure more essential than their phone, wallet, or keys. Conducted with 1,003 contractors, the survey found 75% use their tape measure over five times daily, and 42% prioritize it over their phone. Additionally, 44% would forgo their morning coffee before their tape measure. The findings coincide with National Tape Measure Day on July 14, emphasizing the critical role tape measures play in the trade industry. STANLEY manufactures 30 million tape measures annually and celebrates the day with a giveaway on Instagram.

The survey revealed that tape measures are often misplaced, with 28% of professionals misplacing theirs up to three times a day. Most pros own multiple tape measures to counter this. Different tape measures are used for various tasks, with length and reach being key features. STANLEY, a pioneer since 1930, continues to innovate with products like the ControlLock™, FATMAX®, and POWERLOCK® tape measures.

Positive
  • None.
Negative
  • None.
  • In honor of National Tape Measure Day on July 14, STANLEY released the results of a survey measuring the habits of residential trade professionals when it comes to their tape measures
  • The survey found that 75% of residential trade professionals reach for their tape measure more than five times per day with more than three-quarters feeling incomplete without their tape measures
  • STANLEY manufactures nearly 30 million tapes annually and has processed enough steel to circle the world multiple times
  • To celebrate National Tape Measure Day, STANLEY is giving away some of your favorite tape measures. To enter for a chance to win, comment your favorite tape measure on STANLEY Instagram and use #STANLEYTapeGiveaway

TOWSON, Md., July 10, 2024 /PRNewswire/ -- A new national survey from STANLEY®, a Stanley Black & Decker brand and the world's leading tape measure manufacturer, found that nearly half of residential trade professionals prioritize having their tape measure over their phone, wallet or keys. In recognition of National Tape Measure Day on July 14, STANLEY's survey uncovered residential pros' tape measure habits and critical design features they look for to get the job done.

"For nearly 100 years, STANLEY has been manufacturing tape measures that trade professionals know they can trust," said Peter Gabriele, Group Product Manager of Measuring & Layout at STANLEY. "We've continued to pioneer the tape measure category and deliver new-to-world technologies that help our users get the job done with the backing of STANLEY performance and accuracy."

Pros Confirm Tape Measures are Higher Priority than their Phone
The STANLEY survey found that 75% of residential pros reach for their tape measure more than five times per day, and 50% admit that daily usage is at least 10 times per day. While the survey found that 42% of residential trade pros chose that they would rather go without their phone, wallet and even keys than be without their tape measure, 44% also noted that they would rather go without their morning coffee than be without their tape measure on the jobsite.

Lost and Found on the Job
Nearly two in three residential pros surveyed reported that they misplace their tape measure at least once per day and 28% say their tape measure goes missing as many as three times per day. Although they may go misplaced, 38% say they own more than three tape measures, likely to help with the misplaced tape measures on the job.

Different Applications Call for Different Tape Measures
When it comes to what they are measuring, residential contractors surveyed say they most often use their tape measure for measuring materials to cut to size (65%), followed by measuring room dimensions (44%) and estimating material needs (38%). To tackle the different needs of a residential jobsite, nearly two-thirds of residential pros say they use different types of tape measures for different jobs. When considering design, residential pros noted the length of the tape measure (71%) and the reach of the tape measure (65%) as the highest priority when selecting a new tape measure.

Tried and True Measurement from STANLEY
STANLEY introduced the first steel tape, known as the Pull-push tape measure, in 1930. The STANLEY Facility in New Britain, Connecticut was home of the original team working with NIST to develop the standards for tape measure quality that are used currently.

Today, different varieties of tape measures are available to meet the varying needs of the jobsite. STANLEY ControlLock™ Tapes include a finger brake designed for ergonomic control while measuring, while tapes like STANLEY FATMAX® Tapes include a generous reach for various job uses with some models even incorporating magnets to attach securely to metal studs or other work surfaces. STANLEY POWERLOCK® Tapes are often the tool people envision when thinking of tape measures – the model has an over 70-year legacy that has withstood the test of time, aiding trade professionals around the world.

To learn more about STANLEY tape measures, visit: https://www.stanleytools.com/products/hand-tools/layout-tools/tape-measures 

STANLEY® July National Tape Measure Day Giveaway 2024: NO PURCHASE NECESSARY TO ENTER OR WIN. Enter 7/14/24 8:00 AM ET to 7/21/24 11:59PM ET. For Official Rules and how to enter go to: https://www.stanleytools.com/national-tape-measure-day-giveaway-2024 and follow the instructions. Open only to legal residents who are legal residents of 50 states of the USA or DC, who are at least the age of majority or older at the time of entry.

Methodology
Stanley Black & Decker commissioned Atomik Research to conduct an online survey of 1,003 contractors throughout the United States. The sample consisted of full-time, part-time and self-employed workers within the construction industry who do residential contracting work. The survey was conducted between June 26 and July 1, 2024. The margin of error for the overall sample is +/- 3 percentage points with a confidence level of 95 percent. 

About STANLEY STANLEY has set the precedent for quality tools and engineered solutions for professionals around the globe for more than 175 years. With a legacy of reliability, STANLEY is the No. 1 tapes manufacturer in the world and continues to drive the industry forward with innovations including the STANLEY FATMAX® product line as well as hand tools, power tools, storage and accessories that make life easier. For more information visit www.stanleytools.com or follow STANLEY on FacebookInstagram, and Twitter.

About Stanley Black & Decker
Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The company's more than 50,000 diverse and high-performing employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/stanley-national-survey-finds-that-nearly-half-of-residential-trade-pros-would-rather-go-without-their-phone-wallet-or-keys-than-their-tape-measure-302193771.html

SOURCE STANLEY

FAQ

What did the STANLEY survey reveal about residential trade professionals and their tape measures?

The survey revealed that 75% of residential trade professionals use their tape measure more than five times daily, and nearly half would rather go without their phone, wallet, or keys than their tape measure.

When is National Tape Measure Day celebrated?

National Tape Measure Day is celebrated on July 14.

What percentage of residential trade professionals would rather go without their phone than their tape measure?

42% of residential trade professionals would rather go without their phone than their tape measure.

How many tape measures does STANLEY manufacture annually?

STANLEY manufactures nearly 30 million tape measures annually.

What are the key features residential pros look for in a tape measure?

Residential pros prioritize the length and reach of the tape measure when selecting a new one.

How does STANLEY celebrate National Tape Measure Day?

STANLEY celebrates National Tape Measure Day with a giveaway on Instagram, inviting users to comment their favorite tape measure and use #STANLEYTapeGiveaway.

Stanley Black & Decker, Inc.

NYSE:SWK

SWK Rankings

SWK Latest News

SWK Stock Data

12.39B
153.75M
0.26%
90.26%
3.01%
Tools & Accessories
Cutlery, Handtools & General Hardware
Link
United States of America
NEW BRITAIN