The American Hardware Manufacturers Association’s (AHMA’s) Home Improvement Industry Confidence Index’s Current Situation Index improved in March to an all-time high of 350 from 270.8 in February (March 2008 = 100), while the Future Expectations Index also increased to 298.3 from 229.3.
In comparing current sales levels to year-ago levels, 84% of respondents said sales were higher in March versus year-ago levels, up from 65% in February. For March, 11% reported sales were even, and five% said sales were below year-ago levels.