Growth for Home Renovation
Profits to Increase in 2016
Eighty one percent of landscaping and outdoor businesses recently surveyed by Houzz, an online platform for home remodeling and design, stated that they expect revenues and profits to increase in 2016. Seventy eight percent predict more profits.
The survey showed all sectors of the industry have great confidence in growing this year. from architecture, with Sixty-one percent of architects predict profit gains and 67 percent expecting revenue gains, to decorating, which matched the landscaping and outdoor sector's percentages.
More than a quarter of companies added workers last year including 39 percent of landscaping and outdoor businesses.