U.S. Home Improvement Industry Outpaces the Broader Housing Recovery
In the aftermath of the Great Recession, the U.S. home improvement industry has fared much better than the broader housing market, according to a new report from the Joint Center for Housing Studies of Harvard University, Cambridge, Mass.
Emerging Trends in the Remodeling Market, the latest biennial report in the Improving America’s Housing series published by the Remodeling Futures Program at the Joint Center was released by live webcast on January 29. The report found that while residential construction is many years away from a full recovery, the home improvement industry could post record-level spending in 2015.