by Lindsey Thompson | Jan 2, 2023 | Operational Insights
Some skills are learned over a lifetime, so for younger generations, like Gen Z and Millennials, developing DIY skills can be tough. When it comes to painting a room, for example, only 66% of Gen Zers and 68% of Millennials hold the knowledge to complete the task...
by Lindsey Thompson | Mar 24, 2022 | Industry News, Operational Insights, Trends & Products
The Home Improvement Research Institute (HIRI) recently partnered with The Farnsworth Group to track sentiments among homeowners in the midst of continuing supply chain issues, increasing prices and product shortages. The survey included homeowners who choose to...
by Lindsey Thompson | Jan 11, 2022 | Industry News
The Home Improvement Research Institute (HIRI) surveyed homeowners in the fourth quarter of 2021, asking what home improvement projects they were planning that quarter. The survey strives to better understand consumer project sentiment so home improvement retailers...
by Olivia Shroyer | May 27, 2021 | Industry News
New insight from the Home Improvement Research Institute (HIRI) is shedding light on how homeowners are completing home improvement projects. According to the U.S. Census Bureau, first-quarter 2021 sales for paint, decorating and wallpaper stores (NAICS 44412) rose...
by Olivia Shroyer | May 25, 2021 | Industry News
New data shows the rate of existing home sales in the U.S. has fallen for the third consecutive month after reaching a record high in October. Additionally, April housing starts have also fallen since March. In total, existing home sales fell 2.7 percent in April...