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No reproduction of any type without expressed written permission.

52
Door & Window Market www.dwmmag.com
M
ore than eight out of ten door,
window, siding and roofing
professionals say they’re con
-
fident they’ll be able to get new busi-
ness in the next six months, according
to the latest HomeAdvisor Farnsworth
Index, which measures the home
improvement industry across 13
categories.
“We are finally at the stage in the
economic cycle where homeowners
are taking on large projects, such as
garage and basement conversions,
whole kitchen and whole bath remod
-
els and whole home makeovers,” said
Brad Hunter, chief economist for
HomeAdvisor. “Most professionals
reported that their average job is larg
-
er than it was 12 months earlier, while
only 6 percent of respondents said
their average project got smaller.
While 8.8 out of ten respondents
across all business categories, includ
-
ing contractors who specialize in
doors, windows, siding and roofing,
say their revenues would increase
over the next six months, the numbers
were slightly less optimistic when they
looked ahead 12 months. About 79
percent saw business improving over
the next year, up slightly from 77.5
percent in the second quarter of 2017.
Additionally, 58.3 percent of
remodelers surveyed said their aver
-
age revenue per project had gone up
in the past 12 months.
y
REMODELING
Survey: Window Installers
Say Business is Strong
Industry
Indices
How confident are you that your company
will have enough labor or will hire enough
labor over the next 12 months?
NOT AT ALL
CONFIDENT
EXTREMELY
CONFIDENT
What type of impact will labor costs
have on your business over the
next 12 months?
LOW TO
NO IMPACT
HIGH
IMPACT
5.6
5.5
5.6
6.7
6.5
6.5
2017 Q1
2017 Q2
2017 Q3
2017 Q1
2017 Q2
2017 Q3
LABOR
BUSINESS CONFIDENCE
How confident are you in your company’s ability
to get new business in the next 6 months?
How busy would you say your
company is at this time?
NOT AT ALL
CONFIDENT
EXTREMELY
CONFIDENT
NOT AT ALL
CONFIDENT
EXTREMELY
CONFIDENT
8.8
8.8
8.7
2017 Q1
2017 Q2
2017 Q3
6.2
7.5
7.5
2017 Q1
2017 Q2
2017 Q3
How do you expect your
company’s revenue to change
over the next 12 months?
Have you had any challenges
in the past 12 months hiring
skilled laborers?
How has your company’s average
revenue per project changed over
the past 12 months?
79%
Increase
4.9%
Not Sure
1.1%
Decrease
15%
Stay the Same
7.3%
Not Sure
56.9%
Yes
35.8%
No
58.3%
Increased
5.9%
Decreased
4.0%
Not Sure
31.8%
Stayed the Same
Survey results are for all business categories. Source: HomeAdvisor

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© 2018 Copyright Key Media and Research All rights reserved. 
No reproduction of any type without expressed written permission.