Remodelors® Council Is Leading the Way
With remodeling becoming an increasingly vital segment of the nation’s housing industry, the NAHB Remodelors® Council is stepping up its efforts to inform leaders and members of the association as well as the public of the importance of the industry.
As of 2001, remodeling activity in the U.S. weighed in at $214 billion, greater than both commercial and public works construction, clothing store sales and legal services, according to a recent publication from the council, “Leading the Way – The Remodeling Industry Impact.”
Across the country, more than 62,000 companies with payrolls are involved in remodeling, renovation, insurance repair and restoration, according to the Harvard Joint Center for Housing Studies. The Remodelors® Council represents 14,000 of those businesses, leaving at least 48,000 membership prospects for NAHB in remodeling, the publication says.
There also is a considerable overlap between residential remodeling and new home construction, the council says, despite some significant differences in the nature of the two activities.