Monday, December 7, 2009

Report Reflects Surge in October Home Improvement Spending

Maybe you are seeing some up-turn in your own remodeling market. I hope so. It seems that remodeling is on the rise again, thanks in part to the energy tax credit. Check out this great article from Professional Remodeler magazine.


Report Reflects Surge in October Home Improvement Spending - 12/2/2009 1:44:00 PM - Professional Remodeler:

"Government reports are showing that spending on home improvement surged 8.7 percent in October as American homeowners respond to tax credits.

Data from the U.S. Commerce Department’s monthly construction spending index showed spending on home improvements at a seasonally adjusted annual rate of $114 billion in October – a jump of 8.7 percent from $104.9 billion in September."