The Farnsworth Group

RESEARCH. INSIGHT. ANSWERS.

The premier market research and strategy-consulting firm serving manufacturers, retailers, wholesalers, dealers and distributors of hardware, home improvement, construction and building material industries.

Get Started With A Free Consultation!

CAMBRIDGE, MA – After a slow start, home improvement spending is expected to trend up later this year, according to the Leading Indicator of Remoceling Activity (LIRA) released on January 19, 2012 by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.  If this momentum continues to build during the second half of the year, remodeling activity is on course to end 2012 on a positive note.

“We’re beginning to see some hopeful signs in the economy, and the housing market is finally starting its slow recovery,” says Eric S. Belsky, managing director of the Joint Center.  “That should prove helpful for home improvement spending as the year progresses.”

“Sales of existing homes have been increasing in recent months, offering more opportunities for home improvement projects,” says Kermit Baker, director of the Remodeling Futures Program at the Joint Center.  “As lending institutions become less fearful of the real estate sector, financing will become more readily available to owners looking to undertake remodeling.”

The Farnsworth Group has been working directly with building material manufacturers since 1989.

Since being founded in 1989, The Farnsworth Group has been working directly with Building Supply Dealers, Home Centers, Hardware Stores and Farm & Ranch Stores.

Please contact us for additional information on how we can help you better understand your customers.

Powered by Top Rated Local®

uxicached