Each quarter, the Home Improvement Research Institute (HIRI) partners with The Farnsworth Group to survey contractors on a rotating list of topics, as well as their industry and business sentiment. The most recent Contractor Survey covered topics such as contractors’ role in home improvement, how projects are financed, and the relationship between contractors and customers.
Data was collected from an online survey administered to more than 500 respondents across five industry segments from February 3 to February 25, 2021. Respondents included remodelers and general contractors from various trades whose work was at least 50% residential. All respondents were also required to do most of their work in the remodeling space, regardless of trade.
The Q1 study reveals interesting statistics about contractors’ working relationships with customers and other professionals in the planning and financing stages of home improvement projects.
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