While this article is just a snapshot of the data captured in R&R’s 2021 State of the Industry study, the trends largely continue to be the same. In addition to biggest challenges, third party administrators, spending habits and future predictions, this year we explore the impacts of the COVID-19 pandemic on restoration companies.
The numbers are pointing to this being a solid year for restoration and remodeling contractors. Despite new home construction being a bit sluggish, remodeling and maintenance spending grew as expected thanks largely to storms and continued recovery efforts from hurricanes in 2018.
Adaptation is the name of the game in business today. Technology is growing at neck-breaking speed and much of the U.S. economy is booming, including the construction industry as a whole.
Technology and consumer behavior has had an impact on nearly every industry in the last 20 years, however, it is my belief that ours has evolved as a profession.
On Demand This webinar unveils the Restoration & Remediation report, R&R 360! Discover key industry trends and gain valuable insights to drive your business forward. We've also included insights from homeowners, providing a comprehensive view of the market landscape.