NEW BRITAIN, Conn., July 14, 2021 /PRNewswire/ — A new survey from DEWALT, part of the world’s largest tools and storage company Stanley Black & Decker, found that home improvement demand is expected to stay hot across the U.S. through the rest of 2021, in part due to the tight housing market. In fact, more than half (52%) of U.S. homeowners are considering renovations as an alternative to buying a new home, and more than seven in 10 homeowners are already planning on or considering a home renovation project in the next six months.
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“Many cities across the U.S. are experiencing a home renovation uptick, and as homeowners turn to professionals to complete more advanced projects, the rise in demand is revealing a critical need for more skilled talent,” said Maria Ford, President of Commercial Construction at Stanley Black & Decker. “This commercial boom across the U.S. demonstrates how imperative it is to expand the skilled trade talent pool, particularly for electrical, plumbing, HVAC, welding, and other similar skills.”
The DEWALT survey examined homeowners’ renovation plans, their experiences working with contractors, and their perceptions of the value that contractors bring to the work.
Most homeowners (84%) are planning on or considering using a professional home contractor for…
