Consumer Insights
NRF: Consumer Spending to Continue Despite Consumer Confidence Dip
Despite falling consumer confidence numbers, shoppers are continuing to spend, according to National Retail Federation Chief Economist Jack Kleinhenz.
The Consumer Confidence Index, collated…
NRF Predicts 2021 Record Holiday Shopping Season
Holiday spending has the potential to shatter previous records, as the National Retail Federation forecasts that holiday sales during November and December will grow between 8.5 percent and 10.5…
Houzz: Strong Renovation Activity Expected Through Q4 2021
Houzz Inc. has released its Q4 2021 Houzz Renovation Barometer. The report tracks residential renovation market expectations, project backlogs and recent activity among U.S businesses in the…
STUDY: 64% of Americans Upgraded Their Work From Home Space
In a recent survey of 2,004 Americans, half (54 percent) of all remote workers admit to judging their colleagues’ office decor or furniture during virtual meetings. But it goes both ways — 64 percent…
2021 Home Renovation Report
As homeowners spent much of last year inside their homes, they had ample time to consider redecorating, renovating and completing other home improvements that they may not have had the time, money or…
Consumer Sentiment Toward Green Home Furnishings
Consumers are taking note of the impact their purchases have on their health and wellness, particularly in the last year. From sustainably sourced materials to chemical-free finishes, consumers are…
How Consumers Use Buy Now, Pay Later
The growth of online shopping and lingering economic uncertainty from the coronavirus pandemic have made buy-now-pay-later (BNPL) services popular payment methods for shoppers. These point-of-sale…
2021 Houzz & Home Survey: Renovation Spend Rises 15% as Homeowners Invest in Kitchen
Home renovation spend has grown 15 percent in the last year to a median $15,000, according to the 10th annual Houzz & Home survey of more than 70,000 U.S. respondents. Higher budget projects (…
Post-COVID-19-Vaccine Predictions
As COVID-19 vaccine eligibility and accessibility ramp up around the country, consumers are seeing a light at the end of the pandemic tunnel, indicating a return to normalcy. The International…
How Did Coronavirus Impact the Housing Market?
The 2020 housing market was one for the record books. Stay at home orders sent many office workers home to work remotely, driving many to reconsider their living situations. According to the National…