July 12, 1999

Improving America's Housing: Remodeling Futures Program

Joint Center for Housing Studies

The residential remodeling industry now rivals home building in size, generating expenditures of about $150 billion a year and accounting for about 2% of gross domestic product (GDP). Indeed, because remodeling activities often stimulate additional spending for such items as home furnishings, major appliances, and lawn and garden products, these numbers understate the industry’s importance…

Category: Reports

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