Biennial Project Decision Study

The home improve­ment indus­try has proved to be resilient over time, includ­ing dur­ing the chal­leng­ing ear­ly years of the pan­dem­ic. Total project spend­ing spiked in 2021. In 2023, the mar­ket is eas­ing but project activ­i­ty is still above his­toric levels.

Learn more about project activ­i­ty from HIRI’s bi-annu­al project deci­sion study cov­er­ing 19 dif­fer­ent project cat­e­gories. The sur­veys includ­ed insight­ful ques­tions into con­sumers’ project sched­ules and deci­sion-mak­ing process­es, high­light­ing moti­va­tions for the project, project costs, and roles of house­hold mem­bers and paid professionals.