Door & Window Market - Sept/Oct 2023
Industry Indices
2023-09-18 10:51:26
[REMODELING]
States Spending the Least on Home Improvements (Per Year)
Leading Indicator of Remodeling Activity
Homeowner Improvements and Repairs - Four-Quarter Moving Totals (in Billions)
Source: Harvard Joint Center for Housing Studies
1. Mississippi
Population: 2.95 million
Spending: $2,547 per household
5.1% of median household income ($49,111)
2. Arkansas
Population: 3 million
Spending: $2,705 per household
5.1% of median household income ($52,123)
3. West Virginia
Population: 1.7 million
Spending: $2,770 per household
5.4% of median household income ($50,884)
4. Louisiana
Population: 4.6 million
Spending: $2,834 per household
5.2% of median household income ($53,571)
5. New Mexico
Population: 2.1 million
Spending: $2,839 per household
5.2% of median household income ($54,020)
Source: Contractor Growth Network
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