U.S. Homeowners Spend $6B on Tools Every Year. Most Just Sit There.

U.S. homeowners spend an estimated $6 billion a year on DIY hand and power tools. A lot of those tools get used for one project and then spend months (or years) taking up space in the garage. That’s bad math.

Consider this: borrow the tool from the Denver Tool Library, get the job done, and pass it along to your neighbor.

Source: Estimate based on U.S. hand- and power-tool market data and reported DIY/residential market shares.