Remodeler Optimism Stronger Than Ever During First Quarter

April 24th, 2013 | Category: Industry News

The National Association of the Remodeling Industry’s (NARI) first-quarter Remodeling Business Pulse (RBP) data of current and future remodeling business conditions is reaching new heights, as quarter-over-quarter increases are seen across all sub-components many have a backlog of projects well into the fall.

As remodelers approach the busy season, overall current business conditions have seen steady increases since March 2012, now at a statistically significant 5.97 rating compared with the 5.59 rating from one year before.

Growth indicators in the first quarter of 2013 are as follows:

  • Current business conditions up 1.0 percent since last quarter;
  • Number of inquiries up 4.9 percent since last quarter;
  • Requests for bids up 5.2 percent since last quarter;
  • Conversion of bids to jobs up 1.1 percent since last quarter; and
  • Value of jobs sold is up 0.2 percent since last quarter.

Sharp increases in the number of inquiries and requests for bids point speak directly to an increase in consumer confidence, especially in housing, according to the association.

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  1. This is good news,so folks no more excuses that the market is down and you don’t know what is going on.

    The ”name of the game” is,don’t sit on your butts and wait for the market to come to you,go out and get your market share’ E=R.

    Effort Equals Results”

    I have had more work than I can cope with every day all year round for the past forty years..

    You want to know why ? I use 10 percept of my turnover effectively on marketing and advertizing.

    When I spent my budget I get maximum millage for the least amount of money. I do test runs and research on all media before I invest my ”big hard erned bucks”.

    My father taught me to look after the pennies and the dollars will look after themselves.

    When buying advertizing and marketing negotiate hard and fast, play one company up against another.
    These companies are soft as most of them in these time are hard up for business.Break thier balls but get the right deal.

    If you know and learn how to manipulate them, you will get fantastic deals. Use your business skills and be hard as nails, as money does not grow on trees.

    Don’t be scare to take risks. but only after you have done a test run, to ensure your risk is very low . Advertising is not a cost. it is a absolute investment if you know what you are you are doing.

    .Being sucessful in business is like playing chess. you just have to know the right moves a the right times.

    Leon Levy Klingshield South Africa

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