The pace of home improvement spending has increased along with home prices. A dramatic rebound…
Tag:
Great Recession
- Home Improvement
Data Provides Updates on the Evolving Structure of the Remodeling Industry
by Kacey Larsenby Abbe WillThe Great Recession caused increased fragmentation for the remodeling industry, especially among smaller contractors.
- Business
Five-Year Failure Rates for Remodeling Contractors Exceeded 50 Percent During Downturn
by Kacey Larsenby Abbe WillNew data from the U.S. Census Bureau points to business size being an indicator of failure or survival during the Great Recession
Fear of losing their business and personal wealth has some remodelers cocooning post-recession, while others forge ahead with agressive plans for growth, including opening a showroom
Increases seen in two components of HMI: gauging sales expectations for next six months and gauging traffic of prospective buyers
As long as kitchen/bath firm owners stay true to what their passion is, what they do best in their marketplace and what their Key Economic Driver is, they will outperform their competition.
Making the Most of the Current Economy