Business View Magazine | April/May 2022

15 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 4 U.S. REMODELER INDEX (USRI) SIGNALS CONTINUED STRENGTH INITIATIVE T he U.S. Remodeler Index measures business sentiment of residential remodelers and home improvement professionals. Remodelers and home improvement professionals nationwide remain extremely bullish about residential construction activity according to the latest U.S. Remodeler Index, a gauge of sentiment and remodeling activity conducted quarterly by Qualified Remodeler and John Burns Real Estate Consulting. The most recent USRI release asked residential remodelers about the strength of their businesses today. For the fourth quarter of 2021, the aggregate reading was 68.4 on a scale where any reading over 50 is positive. Readings near 70 are considered strongly positive. A full-report from the John Burns team found four key takeaways. 1. Demand for whole-home remodels grows. Remodelers report robust demand for high- value whole-home and multiroom remodels, OPENING L INES