Homeowners need disposable income to afford a remodeling project. Can decreasing incomes hurt the remodeling industry?
The American middle class has continued to decrease in sizesince 2000, The New York Times reports. Using data from the U.S. Census Bureau and the Minnesota Population Center, the trends of this decline are presented in multiple charts to show what the American middle class looks like today, and where its headed.
See the charts on The New York Times.