Home improvement professionals across the country say they’re experiencing challenges in completing projects in recent months. While inflation is creating more issues for pros trying to keep their costs to the consumer down, supply chain issues and labor shortages are still plaguing the industry.
A vast majority of professionals say it’s taking longer to receive purchased products and that this delay translates to longer waits in starting client projects.
The Home Improvement Research Institute polled hundreds of pros regarding these issues and is sharing feedback on how challenging supply chains are causing project delays and how much of a role location plays.
Compared to six months ago, nearly 60% of professionals say it takes longer for them to receive the products they ordered for projects. It should come as no surprise that more than half of professionals (58%) identify lumber and plywood as the primary drivers of these extended delays, closely followed by building materials (56%) and then windows and doors (37%).
Not only are these delays straining the profit margins for pros, but also they are beginning to take a toll on working relationships. While only 18% of professionals say they have dropped their current suppliers because of supply constraints, 58% say they are sticking with their current partners — even though they’ve explored possible changes.
A majority of pros are feeling the pressure of longer wait times thanks to supply chain issues with key building supplies such as lumber, building materials, and windows and doors. And while few have made significant changes, many are considering looking at new suppliers due to these supply chain disruptions.
With supply chain disruptions, pros are seeing some projects taking longer than usual to begin. After accepting a project, most aren’t able to begin until two weeks out, though most are started within a month.. During the last six months, 38% of pros reported longer project timelines, and 24% expect the same over the next six months. In contrast, only 6% believe the timelines will get shorter.
Longer timelines have not gone unnoticed by consumers; in fact, 38% of pros reported losing bids thanks to the extended time it will take to begin a new project.
While the strain of supply chain issues and project delays is felt across the country, some areas notice the squeeze more than others. More than 61% of pros in the West and the South noticed an extended wait in receiving purchases over the past six months.
How the type of construction affects supply chain issues is perhaps the most interesting takeaway. In fact, almost 72% of new builders say they experience delays compared to home remodelers (60%).
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