NARI reports upward trend

The National Association of the Remodeling Industry’s fourth-quarter Remodeling Business Pulse data of current and future remodeling business conditions continues to show growth.

“Many remodelers entered 2014 with jobs in the pipeline, which hasn’t happened in the past few years,” NARI strategic planning and research committee chairman Tom O’Grady said in a statement. “Although inquiries, requests for bids and conversion of bids are down in Q4, that backlog has given remodelers confidence that the overall business conditions will remain positive.

“The outlook forecasts that favorable business conditions will remain strong across all regions of the United States. Consumer confidence is up, which translates into more homeowners feeling safe investing in their homes.”