Construction and Remodeling Industry Drivers and Forecast

Report Includes Data Covering:

Supply Drivers

Labor Participation​, Unemployment​, Material Prices​, Housing Starts​, Housing Inventory​, Home Values

Demand Drivers

Home Sales​, Housing Affordability​, Interest Rates​, Homeownership Rate​, Household Income​, Household Growth

Customer Attitudes

Consumer Confidence & Attitudes, Builder Confidence, Contractor Confidence, and More.

Forecast

Remodeling Activity Forecast​, Revenue Forecast: Consumers​ and Professionals​, Housing Starts Forecast​

FAQs

What is the current state of the building products industry?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report provides a comprehensive view of industry conditions across supply, demand, consumer attitudes, and market forecasts to assess the overall health of the residential construction and home improvement sectors.

How is the housing market affecting building product demand?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report examines housing fundamentals including inventory levels, home prices, affordability, mortgage rates, days on market, household mobility, permits, housing starts, and completions to understand their impact on product demand.

Are homeowners still investing in home improvement projects?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report reports on current homeowner and pro sentiments, project activity expectations, spending intentions, and willingness to undertake renovation projects across different income groups, generations, and project sizes.

What economic factors are influencing the building products industry?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report evaluates key economic indicators including inflation, employment, consumer confidence, interest rates, disposable income, and broader economic conditions that affect construction and remodeling activity.

How are labor market conditions impacting construction activity?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report curates data from across government and association sources covering construction industry unemployment, job openings, labor availability, and workforce trends to provide insight into labor market pressures affecting the industry to present a clearer, holistic view of the current drivers of housing and home improvement markets.

What are the latest trends in residential construction?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report measures activity across single-family and multifamily housing, including permits, starts, completions, inventory levels, and forecasted construction activity.

How is construction spending changing across the market?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report tracks single-family residential, multi-family residential, commercial, and other construction spending and highlights growth and decline across major construction segments.

What does the report reveal about housing supply and inventory levels?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report examines both new and existing home inventory, housing supply balances, and the relationship between supply levels, home prices, and future construction activity.

How are consumer attitudes shaping market performance?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report unpacks homeowner confidence, project timing sentiment, affordability concerns, and purchase behavior to understand how consumer attitudes are influencing demand.

What are the forecasts for home improvement and construction activity?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report provides forecasts for consumer and professional home improvement spending, residential construction activity, and broader market performance over the coming years.

How do demographic trends influence demand for building products?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report explores factors such as household mobility, income levels, generational differences, and homeownership trends that shape future demand across the industry.

What opportunities and risks should building product manufacturers monitor?

The Farnsworth Group's Construction and Remodeling Industry Drivers and Forecast report identifies the market conditions, economic pressures, homeowner behaviors, labor trends, and competitive dynamics most likely to influence industry growth and strategic planning decisions.