{"version":"1.0","provider_name":"Harvard Gazette","provider_url":"https:\/\/news.harvard.edu\/gazette","author_name":"gazetteimport","author_url":"https:\/\/news.harvard.edu\/gazette\/story\/author\/gazetteimport\/","title":"Recession takes toll on remodeling activity &#8212; Harvard Gazette","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"kRfHyI1b5o\"><a href=\"https:\/\/news.harvard.edu\/gazette\/story\/2002\/01\/recession-takes-toll-on-remodeling-activity\/\">Recession takes toll on remodeling activity<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/news.harvard.edu\/gazette\/story\/2002\/01\/recession-takes-toll-on-remodeling-activity\/embed\/#?secret=kRfHyI1b5o\" width=\"600\" height=\"338\" title=\"&#8220;Recession takes toll on remodeling activity&#8221; &#8212; Harvard Gazette\" data-secret=\"kRfHyI1b5o\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/news.harvard.edu\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"Remodeling expenditures by homeowners declined again in the fourth quarter of 2001. The drop in remodeling, according to the Remodeling Activity Indicator (RAI) devised by Harvards Joint Center for Housing Studies, reflects the slowing economy and reduced consumer spending. While spending has not fallen off precipitously, we are in the midst of a modest downturn, remarked Nicolas P. Retsinas, the director of the Joint Center. In light of the reality of the recession, homeowners have begun to defer and cancel major housing renovations."}