Perhaps the most noticeable change is in the expectations for next 12 months of revenue, where we have a drop from Q4-21 to Q1-22 across all categories. This trends where contractors are seeing decreased average revenues per project has been occurring for several years.
Price Constraints and Contractor Education Remain the Top Two Challenges for Improving Adoption Rates of Healthy Home and Green Home Focused Building and Home Improvement Projects.
Grant Farnsworth joined Dan Tratensek of the NHPA in early January to discuss key findings from the 2021 Market Measure Report. The pair also shared some predictions for what the home improvement market could see in 2022 and even into 2023.
Millennials now form a significant portion of the professional workforce, including contractors. Here's what to know about this segment of building products buyers.
Architects have a specific lens they utilize when designing a new construction project that impacts how they research, evaluate, select and source building materials and other products. As a manufacturer, it’s important to understand what this process typically looks like.
Current market conditions are driving different customer behaviors than we saw back in 2021 and 2022. Themes in customer behavior that began to emerge in 2023 will continue to become more pronounced in 2024 shopping and purchasing behaviors. Here is a closer look at the macro-economic factors currently affecting the building materials industry and the 2024 outlook for builders, remodelers, and GCs.
Download informative reports to keep a pulse on how your target DIYer, Contractor, Builder, and Architectural customers' purchase behaviors are changing.