Fence Companies in Chicagoland
The fence industry is booming, and for good reason. The home improvement market has seen record numbers since 2020. There are a variety of factors that have contributed to this, and here we will get to those reasons.
Existing Companies Can't Handle Demand
Fence companies have been overwhelmed due to the high demand. Work has been steady and consistent for the last 20-30 years. Suddenly, in 2020, the demand skyrocketed and existing companies could not handle the increase in demand. That combined with shortages of material and labor, many fence contractors were forced to turn away work, or worse, accept the work and not be able to fulfill their obligations.
New Fence Contractors Coming Out of the Woodwork
Many new fence contractors are starting to rise from the ashes due to the increase in demand. The existing companies can't handle it, so new companies had to be formed to fulfill the increase in market share.
More People Spending Time at Home
With the entire "work from home" initiative for corporate and enterprise employees, people are spending more time at home. With that, they are saving money and staring at things in their homes that require improvement.
Government Checks
With many single and dual households collecting government checks, many have disposable income. Also, those that are collecting checks or working from home, aren't going out and spending as much as they once did in the past. That is collectively thousands of dollars in savings across a year's time. Resulting in increased spending on home improvement projects, like fencing.
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