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Strong remodeling spending expected through 2017

from Woodworking Network

Home renovation and repair spending is expected to continue strong growth through next year. According to the Leading Indicator of Remodeling Activity by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, annual growth in home improvement and repair expenditures will continue to increase, surpassing 8 percent by the second quarter of 2017 before moderating somewhat later in the year. more

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