The cost of doing business increased in 2016 for three out of five companies surveyed by Houzz in its 2017 State of the Industry Report.
The cost of doing business increased in 2016 for three out of five companies surveyed by Houzz in its 2017 State of the Industry Report.
For general contractors, remodelers and builders, the survey category that includes floor covering installers, the cost of doing business increased due to the cost of product or material, subcontractors and employee wages or benefits.
Sixty-four percent expect the cost of doing business to increase in 2017, the largest majority of any trade category surveyed.
The full report is available online.