Leading Indicator of Remodeling Activity (LIRA)

Leading Indicator of Remodeling Activity (LIRA)

Current Release

Residential Remodeling to Continue a Steady Expansion

The Leading Indicator of Remodeling Activity (LIRA) provides a short-term outlook of national home improvement and repair spending to owner-occupied homes. The indicator, measured as an annual rate-of-change of its components, is designed to project the annual rate of change in spending for the current quarter and subsequent four quarters, and is intended to help identify future turning points in the business cycle of the home improvement and repair industry. Produced quarterly since 2007, the LIRA is released by the Remodeling Futures Program at the Center in the third week after each quarter's closing.

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