HIRI estimates that home improvement product purchasing in 2005 will be $287 billion. Sales to home improvement professionals are expected to increase 5.3 percent. (These figures do not take into account the 2005 hurricane season.)
Home Improvement At Record Levels For 2004
August 1, 2005
Total home improvement product sales reached $271 billion last year, a record since 1984, according to statistical research from the Home Improvement Research Institute. Spending increased 12.6 percent from 2003 levels. Last year's hurricanes in Florida are estimated to have added a full percentage point to 2004's growth rate.