Bad news for your favorite HGTV home renovation show. Total construction spending, including renovations, on residential properties fell dramatically in 2016, according to U.S. Census Bureau data. Early indicators do not show significant reacceleration in residential construction for first half of 2017. The good news? They don’t suggest a major fall-off either; instead, data points to a general plateau.
Wednesday, April 5, 2017
Downward construction spending expected to plateau
Source: Forbes
Bad news for your favorite HGTV home renovation show. Total construction spending, including renovations, on residential properties fell dramatically in 2016, according to U.S. Census Bureau data. Early indicators do not show significant reacceleration in residential construction for first half of 2017. The good news? They don’t suggest a major fall-off either; instead, data points to a general plateau.
Bad news for your favorite HGTV home renovation show. Total construction spending, including renovations, on residential properties fell dramatically in 2016, according to U.S. Census Bureau data. Early indicators do not show significant reacceleration in residential construction for first half of 2017. The good news? They don’t suggest a major fall-off either; instead, data points to a general plateau.
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