Tag: RMI

Remodeling Market Confidence Remains Positive

Filed in Economics, Remodelers by on July 20, 2017 0 Comments
Remodeling Market Confidence Remains Positive

“While remodelers continue to see robust demand across the country, the lack of skilled labor continues to be a serious issue,” said NAHB Remodelers Chairman Dan Bawden.

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Remodelers More Confident about Business Prospects

Filed in Remodelers by on April 20, 2017 0 Comments
Remodelers More Confident about Business Prospects

The NAHB Remodeling Market Index rose to 58 in the first quarter of 2017, an increase of five points from the fourth quarter of 2016 and the highest reading in two years.

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Remodelers Riding Wave of Steady Optimism

Filed in Economics, Remodelers by on January 19, 2017 1 Comment
Remodelers Riding Wave of Steady Optimism

The remodeling market has enjoyed a solid stretch of growth since 2011. And despite economists forecasting that growth will likely become more gradual in the years ahead, there remains a sense of confidence among most remodelers.

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Remodeling Market Optimism Strengthens in 3rd Quarter

Filed in Councils & Committees, Economics, Remodelers by on October 20, 2016 1 Comment
Remodeling Market Optimism Strengthens in 3rd Quarter

The NAHB Remodeling Market Index posted a reading of 57 in the third quarter, an increase of four points from the previous quarter and also a return to levels seen consistently throughout 2015.

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RMI Holds Steady in 2nd Quarter

Filed in Councils & Committees, Economics, Remodelers by on July 21, 2016 1 Comment
RMI Holds Steady in 2nd Quarter

Although it slipped from 53 in the first quarter of 2016 to 52, it is still the 13th consecutive quarter that the NAHB Remodeling Market Index has a reading above 50, indicating that more remodelers say market activity is higher (compared to the prior quarter) than report it is lower.

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Remodeling Market Index Dips in 1st Quarter

Filed in Economics, Housing Trends, Remodelers by on April 21, 2016 1 Comment

“Remodelers were solidly booked for jobs in the first quarter of 2016, but calls and appointments for work slowed down in comparison to the end of 2015,” said 2016 NAHB Remodelers Chair Tim Shigley, CAPS, CGP, GMB, GMR, a remodeler from Wichita, Kan. “Volatility in the financial markets during the first quarter may have impacted consumers’ readiness to commit to projects.”

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RMI: Consistent Confidence through Final Quarter of 2015

Filed in Economics, Housing Trends, Remodelers by on January 15, 2016 0 Comments
RMI: Consistent Confidence through Final Quarter of 2015

The NAHB Remodeling Market Index rose one point to 58 in the 4th quarter. This was consistent with similar results over the past year and a half, indicating sustained confidence in the market from remodelers.

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RMI: 10th Straight Quarter in Positive Territory

Filed in Economics, Remodelers by on October 22, 2015 0 Comments
RMI: 10th Straight Quarter in Positive Territory

Remodelers are feeling positive about their job prospects right now: The NAHB Remodeling Market Index posted a reading of 57 in the third quarter. While that’s two points below the previous quarter, it’s still the 10th straight quarter it has been above the key break-even point of 50.

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Remodelers Remain Confident

Filed in Construction Industry, Economics, Remodelers by on July 23, 2015 0 Comments
Remodelers Remain Confident

According to the most recent NAHB Remodeling Market Index, remodeler confidence improved to 59 in the second quarter of 2015.

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Remodelers Confident In Gradual Market Improvement

Filed in Construction Industry, Economics, Remodelers by on April 23, 2015 0 Comments
Remodelers Confident In Gradual Market Improvement

The NAHB Remodeling Market Index posted a reading of 57 in the first quarter, off slightly from the historically high level of 60 in the last quarter of 2014 but above the key break-even point of 50.

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