Mischa Fisher, Chief Economist

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Mischa Fisher is the Chief Economist for Angi, where he leads market and economic research, including consumer spending behavior, labor and employment dynamics, and residential housing trends.

Prior to joining Angi, Mr. Fisher was Chief Economist and economic policy advisor to the Governor of Illinois, where he oversaw the state agencies responsible for employment security, economic development, housing, and professional licensing. He was previously a Deputy Director of the Illinois Department of Commerce, and a Legislative Director for the United States Congress in Washington, D.C.

Mr. Fisher is passionate about marketplace platforms, job mobility, and residential investment. He completed his undergraduate and graduate degrees in economics in British Columbia, Canada, and is an instructor in applied quantitative analysis and statistics at Northwestern University.

Recent Posts:

The Home Services Market Just Grew 17% Year Over Year

Over the last year, construction and remodeling prices increased, the shortage of skilled labor remained and consumers pivoted their spending to the home. But what did the unexpected impact of COVID-19 have on the overall size of the home services market? Our latest research, summarized in the Economy of Everything Home Report, answers that question:…


The Remarkable Gap Between Spending Growth and Employment Growth in Housing

February employment growth bounced back to a relatively strong 379,000 net new jobs gained month over month, and the national unemployment rate dropped to 6.2%, a level lower than the average post great recession recovery rate of 6.4%. However, despite these signs of labor market health, there is evidence that job growth is not happening…


Do We Need A Permanent Shift in Service Employment?

Employment in January grew by a disappointing 49,000 new jobs to a total of 142.6 million. Average monthly job growth absent a global pandemic would typically be 300-400% higher and average job growth at the start of the post pandemic recovery was over 2,000% higher, averaging over 1.5M jobs created each month for the first…


The Recovery Stalls, But Not For Housing

December was a disappointment for job growth across the economy with total payrolls dropping for the first time since the start of payroll employment recovery in May. The 1% job loss means the recovery stalled for much of the economy, just not for the residential construction sector, which now exceeds the level it stood at…


2020 State of Home Spending: The Year of the Home

Key Takeaways HomeAdvisor’s new 2020 State of Home Spending report is now available Spending increased across the board for improvement, maintenance, and repair driven in part by rising labor and supply costs Millennials are highest average spenders on home improvement, spending nearly $10,000 on home improvement projects this year  How much more time did we…


The Skilled Trades in America: New Insights & Research

Today our research team released Skilled Trades in America, a report that examines America’s home service professionals and identifies the ways in which the industry can strengthen, grow, and diversify its labor force. The skilled trades, particularly those that work in home services, are an under studied profession in the United States. While we culturally…


Data Suggests Lower Income Households Prioritize Spending on Home Maintenance

Household spending on remodeling and maintenance expenditures changes as household income increases. Across all household income levels, maintenance spending increases by $2.29 for every additional thousand dollars of income, while remodeling spending increases by $25.44 for every additional thousand dollars of income. However, lower income households put a proportionally higher focus on maintenance spending for…