It is difficult for many economists to predict the U.S. recovery from the COVID-19 pandemic. Recently, IHS Market presented its US economic forecasts and how the home improvement industry will fair in 2020 and beyond to HIRI members.
Although all industries have been affected by the pandemic, the housing and home improvement market has done much better than most and is expected to recover, moving back to 2019 levels in 2021.
To learn more, download this free infographic detailing the results from the June update to the US Size of the home improvement products market.
To get more detail on the size of the home improvement products market, join HIRI to receive the full report.
Stay informed about the research we’re conducting, home improvement industry trends, and information on our upcoming Home Improvement Insights Summit.