RESIDENTIAL REMODELING EXPENDITURES IN U.S.

Total Additions and Maintenance Major Year ($billions) alterations and repairs replacements 1989 $105.0 (projection) No breakdown available 1988 $101.3 $43.6 $40.9 $16.9 1987 94.1 40.0 38.2 15.9 1986 91.3 38.6 36.0 16.7 1985 80.3 28.8 35.4 16.1 1984 69.8 27.8 28.9 13.1

Source: U.S. Bureau of Census, National Association of Home Builders