‍How confident are contractors about getting new business?

The free Farnsworth Quarterly Contractor Index report tracks contractor confidence in winning new business over the next six months, with quarterly comparisons across remodelers, exterior contractors, mechanical contractors, finishing contractors, and landscaping contractors. Since 2018, The Farnsworth Group has been tracking business confidence among trade professionals and small businesses.

Are contractors expecting revenue to grow over the next year?

The free Farnsworth Quarterly Contractor Index report shows whether pros expect revenue to increase over the next 12 months, how much growth they anticipate, and how expectations vary by trade segment. The report provides insights across five residential contractor segments including Remodelers, Exterior Contractors, Mechanical Contractors, Finishing Contractors, and Landscaping Contractors.

Are skilled labor shortages limiting contractor growth?

The free Farnsworth Quarterly Contractor Index measures contractors' hiring challenges, labor availability confidence, and how much additional revenue contractors believe they could generate if skilled labor were easier to hire.

How busy are contractors right now?

The free Farnsworth Quarterly Contractor Index report tracks current business activity, including how busy contractors say they are and how far out their companies are booked with work. The report provides segmented insights across residential Remodelers, Exterior Contractors, Mechanical Contractors, Finishing Contractors, and Landscaping Contractors.

Are contractors seeing stronger or weaker lead activity?

The free Farnsworth Quarterly Contractor Index report provides insights on contractors' current lead volume, lead quality, close-rate trends, and the percentage of inquiries that typically convert into new jobs compared to prior quarters and prior years. This data is also segmented across five residential contractor segments including Remodelers, Exterior Contractors, Mechanical Contractors, Finishing Contractors, and Landscaping Contractors.

Are project sizes and project values changing?

The free Farnsworth Quarterly Contractor Index examines whether contractors' average project size has gotten smaller, stayed the same, or gotten bigger, along with the share of current projects by price range compared to prior quarters and prior years.

How available are key business resources for contractors?

The free Farnsworth Quarterly Contractor Index tracks contractor confidence in labor availability, credit availability, and material availability across five residential contractor segments including Remodelers, Exterior Contractors, Mechanical Contractors, Finishing Contractors, and Landscaping Contractors.

Are material costs stabilizing or remaining volatile?

The free Farnsworth Quarterly Contractor Index measures how stable or volatile residential contractors perceive building material costs to be, helping track boots on the ground pricing pressure across the residential construction and remodeling market.