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From Home Furnishing Business

FastFact: Seniors Boost Remodeling Trend

April 4, 2016  by in Economic News, Industry   

Home improvement projects by people 65 and older jumped 67.1 percent between 2003 and 2013. People between the ages of 35 to 44 and 45 to 54, traditionally the bread and butter of the remodeling industry, collectively dropped their share of total home improvement expenditures by 37.8 percent during the 10-year span. The decrease was due in part to the recession along with lower population figures.

The complete FastFact can be found online.