Architecture and design professionals report optimism through the end of the year, while more professionals in the construction sector report declines in Q3 business activity than improvements, leading to a somewhat unfavorable outlook for Q4.
The findings were reported in the Q4 2023 Houzz U.S. Renovation Barometer, which tracks residential renovation market expectations, project backlogs and recent activity among businesses in the U.S. construction sector and the architectural and design services sector.Fielded from September 30 through October 12, 2023, the Barometer provides insights into the impact of recent economic volatility on the home improvement market.