In our latest release, the Q2 2022 Farnsworth Contractor Index, we heard a strong confidence from contractors regarding an ability to get new business in the next 6 months.
Building products manufacturers need to structure their product lines to match the preferences of the investor - meaning on trend, low maintenance, resident health focused, and still affordable raw materials and finishings.
Perhaps the most noticeable change is in the expectations for next 12 months of revenue, where we have a drop from Q4-21 to Q1-22 across all categories. This trends where contractors are seeing decreased average revenues per project has been occurring for several years.
Price Constraints and Contractor Education Remain the Top Two Challenges for Improving Adoption Rates of Healthy Home and Green Home Focused Building and Home Improvement Projects.
Grant Farnsworth joined Dan Tratensek of the NHPA in early January to discuss key findings from the 2021 Market Measure Report. The pair also shared some predictions for what the home improvement market could see in 2022 and even into 2023.
Millennials now form a significant portion of the professional workforce, including contractors. Here's what to know about this segment of building products buyers.
Download informative reports to keep a pulse on how your target DIYer, Contractor, Builder, and Architectural customers' purchase behaviors are changing.
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