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Home improvement projected to increase in 2016

from Hardwood Floors

Residential home improvement spending, currently undergoing a period of gradual decreases, is expected to reverse course in early 2016, according to the Leading Indicator of Remodeling Activity released by the Joint Center for Housing Studies of Harvard University. The fourth quarter 2015 LIRA is projected at 3.4 percent, which should increase to 4.4 percent in the first quarter and 6.8 percent in the second quarter of 2016, according to the center. more

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