Signs point up for small manufacturers, home remodelers
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January 19, 2020
NEW YORK (AP) — Recent economic indicators point to an easier time ahead for small manufacturers and companies in the home remodeling industry.
A decline in the home repair and remodeling market that began in the first quarter of 2019 is projected to end with the third quarter of this year, according to researchers at Harvard University's Joint Center for Housing Studies. The center forecasts fourth-quarter spending on repairs and renovations will rise 1.5% from year-earlier levels.
Researchers consider several economic indicators in arriving at their forecasts, including sales of existing hom...
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