Biden Harris Administration Opens Applications For States And Territories To Implement $8 5 Billion For Home Energy Rebates As Part Of Investing In America Agenda Department Of Power

Home improvement spending elevated over the last 12 months by 12% to a mean of $9,542, and the number of initiatives decreased from an average of 3.2 initiatives in 2022 to 2.8 initiatives per family in 2023. The improve in home improvement spending coupled with a slight decrease in total tasks suggests that inflation is moderately impacting home improvement. Additionally, the top-cited cause for not finishing home tasks this yr was due to higher than anticipated costs or estimates. However, despite the moderate influence of inflation, homeowners are still improving their home, especially over the past five years. In 2023, …

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