In pre-recession days, home improvement projects were usually grand, expensive overhauls of kitchens and bathrooms.
In this economy, home improvement projects consist of painting the walls and replacing the jiggly toilet handle.
‘I’m not doing any major projects anymore,’ Steve Miller said as he shopped for putty knives last week at a Lowe’s in a suburb of Chicago, ‘but just fixing what I’ve got.’
For months, Mr Miller, 51, had been planning to give his kitchen and bathrooms a facelift. ‘Then the economy got bad, and I don’t want to run up any more credit,’ he said.
While the recession has caused consumers to pull the plug on exorbitant renovations, it has sparked a resurgence of small, do-it- yourself (DIY) Continue reading
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