Industry Indices Aug/Sept 2018

July 12th, 2021 by Nathan Hobbs

Remodeling

Houzz Survey: Renovation Activity is Booming

The improving U.S. economy has homeowners opening up their pocketbooks, according to the seventh annual Houzz & Home survey of nearly 150,000 respondents. About 51 percent of homeowners who use Houzz say they plan to begin or continue renovations, with doors and windows representing a major area for home improvement.

Houzz says remodeling activity and spending was strong in 2017. About 58 percent of homeowners renovated at a median cost of $15,000.

Home exterior upgrades, which includes new doors and windows, represented 59 percent of renovation activity in 2017. Windows or skylights were 22 percent of all exterior upgrades, while exterior doors represented 21 percent of those projects.

Nearly nine in 10 homeowners chose to hire a professional for renovations (88 percent). However, professionals who specialize in doors and windows only represented about 6 percent of those hired directly by homeowners (the survey doesn’t include specialists who might have been hired by construction managers as subcontractors).

Green Jobs

Report: Energy Efficiency Employment Keeps Climbing

Energy efficiency employed 2.25 million Americans in 2017 who manufactured, designed or installed energy-efficient products certified by the Environmental Protection Agency’s Energy Star program or installed according to Energy Star guidelines, according to the U.S. Energy and Employment Report (USEER). That includes manufacturers of glass and windows, as well as glaziers and installers of other fenestration products.

The report, which was produced by the Energy Futures Initiative (EFI) in partnership with the National Association of State Energy Officials (NASEO), showed that about 1.3 million jobs are in the construction industry, a decline from 2016. However, energy efficiency jobs in manufacturing, trade and professional services all increased.

Advanced and recycled building materials and insulation technologies, which includes glass, windows and doors, also supported a significant amount of employment in construction and manufacturing—about 350,000 jobs. Roughly 200,000 are in construction and about 75,000 are in manufacturing.

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