U.S. Construction—Renovation Focus

Building renovation within the United States represents 35% of construction spending, and up to 45% in some markets. With residential and commercial markets on the decline, property owners—both public and private—are now much more likely to renovate existing structures. In order to capture this critical portion of the market, Global Insight is pleased to introduce the U.S. Construction—Renovation Focus.

Covering all maintenance and repair activity, the quarterly Renovation Focus provides five-year forecasts of construction renovation spending at the state level for 16 construction categories.

With the U.S. Construction—Renovation Focus, you can:

• Identify states with growing renovation markets
• Segment data by building types, enabling one to focus on specific materials or niche markets
• Identify maintenance and repair activity (often overlooked in construction forecasts)
• Anticipate changes to demand
• Size markets and calculate penetration rates
• Better align your strategic plan