More Americans are expected to remodel their homes this year
WASHINGTON (AP) — A rising number of Americans are preparing to renovate their homes this year, a potential boost for the economy, according to projections released Thursday by Harvard University's Joint Center for Housing Studies.
The additional spending would likely contribute to broader economic growth, creating more jobs for construction workers and building supply firms.
The home renovators include both people preparing to put their homes on the market and new owners seeking to customize their homes.