NPD Group: Home Improvement Shows Signs of Recovery

PORT WASHINGTON, N.Y.--The NPD Group said home improvement market categories saw an overall dollar increase of four percent in the12 months ending in June, compared to the same time last year.

Warehouse home centers were up two percent and hardware stores were up 21 percent in sales in the last 12 months. Home improvement categories such as garage storage/organization, kitchen/bathroom cabinets, vinyl tile, stain and interior paint generated the largest double-digit gains in retail dollar sales.

"While growth of new home improvement projects remain sluggish, due in large part to the overall weak housing market, we are seeing sign of growth in smaller, more repair-oriented projects," said Mark Delaney, director of the NPD Group's home division. "This is likely due to pent-up demand for repairs, bit is also indicative of consumers spending more time at home, wanting to make their most of their personal situations, and improving the look of their homes."

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

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  • HFN cover for September 2017

    HFN's DIGITAL EDITION

    September 2017


    COVER STORY:

    2017 State of the Industry Report
    Cautious Optimism, Mixed Results

    Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.


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