Ep. 186 - High interest in home improvement
The US market for home improvement was at an all-time high during the pandemic when many people were forced to live, work, and educate their children under the same roof. That demand disrupted supply chains for labor and materials and drove price inflation for lumber and other goods. This year the market looks different, thanks to higher interest rates on home improvement loans, reduced availability of homes to buy, and new incentives under the Inflation Reduction Act. Find out how the pro and DIY segments are faring and learn what energy-saving projects homeowners are likely to prioritize in 2023 and beyond. Featured expert: Scott Hazelton, director, consulting, S&P Global Market Intelligence https://www.spglobal.com/en/enterprise/experts/index.html