Lumber Costs

A new report released from Jobber, a provider of home service management software, found the Green Industry has been resilient through the pandemic and invoice sizes saw an increase. In fact, consumer spending on Home Service over the past 15 months has exceeded pre-pandemic levels. The report, Home Service Economic Report: Record Growth Fuels Labor Shortage, features expert insights and proprietary data aggregated from more than 100K landscapers and other home service professionals who use the Jobber platform. The report found that: Growth in new work scheduled in Q3 2021 continues to stay positive at just under 10% growth year-over-year. Growth in revenue matches 2020 and is outpacing growth in new work scheduled as a result of the rising cost of services. “Despite the current labor shortage and fluctuating material availability, homeowner demand for home services remains at an all-time high, and businesses are experiencing positive growth in revenue,” commented Sam Pillar, CEO & co-founder at Jobber. “Once supply chain disruptions subside and material costs decline to pre-pandemic levels, we expect growth to improve further.” Consumer spending continues to drive revenue growth in Home Service, which has outperformed all other categories, including Grocery Stores and General Merchandise Stores in Q3. Long-term sustainable growth is expected through Q4 and into 2022 due to several factors. Home Construction. The number of new homes being constructed and new building permits issued continued to outpace pre-pandemic levels, with no indication of slowing down. Growing Invoice Sizes. Invoice sizes saw an increase in all the ...