• Home Improvement News

    Elevated Remodeling Activity Amid Pandemic to Continue Through 2021

    CLEVELAND, Feb. 1, 2021 /PRNewswire/ — From adding home gyms and offices, to installing decks and pools for the family staycation, home renovation activity spiked in 2020 during the COVID-19 pandemic, with 39{e41d5a0df0c888fd9de3d970fd27b1e84b5ed5fef9cdbc0805e2ccc9025135a4} of consumers surveyed nationally by the Freedonia Group in December 2020 reportedly undertaking home improvement projects because of changes associated with the pandemic. In 2020, this was a saving grace for suppliers from a range of industries – from building materials to power tools – that are contending with the pandemic’s debilitating effects on other parts of the construction industry. The question for many in the industry now is: What will the home remodeling market hold for 2021?…

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