
The home improvement industry fared well last year despite high inflation and supply shortages. According to Angi’s 2022 State of Home Spending report, homeowners spent an average of $12,904 on home improvement, home maintenance, and emergency repairs in 2022 across an average of 12.5 projects.
Americans spent an average of $8,484 on home improvement projects, reflecting a 2% increase from the pandemic era.