Pinnacle Finance Blog

August 24, 2016

Labor Shortages Impacting Industry

The availability of skilled workers has become one of the biggest challenges faced by the home improvement industry as activity has increased and grown since the years of the recession.  Also, the rise in prices for both new homes and existing homes has increased demand for remodeling work as people are staying in homes longer. The labor shortage is only expected to intensify as current skilled workers become older and reach retirement age.  As a result industry leaders and associations are putting a real effort into solving this problem. Key Findings: There are several reasons at the root of the […]