According to the latest numbers from the University of Michigan, consumer sentiment rose for the first time in five months. While it only edged out 1.4 index points over July, it’s the first positive sign that economic optimism could spread in the second half of the year.
As consumer confidence fluctuates and spending tightens, certain segments of the broader home service industry continue to thrive, revealing a resilience that defies broader economic trends.
The fact is, for most people, their home is their largest investment and most important asset. In an effort to protect this investment, USA Today reports the average United States household spends almost $6,000 per year on home maintenance and services. That is a strong indication that these types of businesses will continue to thrive during any economic cycle.
So what are some examples of home service businesses that are bringing in millions for the people behind them? Let’s take a look.
Green Mango Pest Control
In 2011, …