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Despite the current concerns for the housing market and projections that domestic construction spending is slowing, home improvement spending is up. Though not directly linked, one main driver for home improvements is a healthy housing market, and opportunities to sell/buy, so this increase in spending may come as a surprise. The results were included in The Joint Center For Housing Studies of Harvard University (JCHS) 2019 report, Improving America’s Housing, looking at home improvement work carried out by homeowners in the U.S. We break down the results and analyze what those results mean for the construction industry going forward.
