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Home Improvement Spending Trends

How has the rapid­ly chang­ing econ­o­my impact­ed home­own­ers’ spend­ing on home improve­ment activ­i­ties? The Home Improve­ment Research Insti­tute (HIRI) test­ed the hypoth­e­sis that the pan­dem­ic caused a shift in the demand curve for home pur­chas­ing and home improve­ment projects, poten­tial­ly lead­ing to a decrease in spend­ing now and in the future.

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