industrial news

Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods

Home Depot Inc. said Tuesday that the home improvement market could weaken this year if consumer spending continues to shift toward services from goods and if inflation continues to weigh on demand. Home improvement giant HD, +1.02% however, expects net revenue in fiscal year 2023 and same-store sales to be roughly flat with last year …

Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods Read More »

Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods

Home Depot Inc. said Tuesday that the home improvement market could weaken this year if consumer spending continues to shift toward services from goods and if inflation continues to weigh on demand. Home improvement giant HD, +1.02% however, expects net revenue in fiscal year 2023 and same-store sales to be roughly flat with last year …

Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods Read More »

Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods

Home Depot Inc. said Tuesday that the home improvement market could weaken this year if consumer spending continues to shift toward services from goods and if inflation continues to weigh on demand. Home improvement giant HD, +1.02% however, expects net revenue in fiscal year 2023 and same-store sales to be roughly flat with last year …

Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods Read More »

Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods

Home Depot Inc. said Tuesday that the home improvement market could weaken this year if consumer spending continues to shift toward services from goods and if inflation continues to weigh on demand. Home improvement giant HD, +0.27% however, expects net revenue in fiscal year 2023 and same-store sales to be roughly flat with last year …

Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods Read More »

Walmart and Home Depot forecasts suggest consumers are finally stepping back

Text size Home Depot released a muted 2023 forecast on Tuesday. Dustin Chambers/Bloomberg The retail earnings season got off to a worrying start on Tuesday, with walmart And Home deposit The weak forecast warns that retailers expect consumers to retreat in 2023. The size and scale of the two retailers— walmart in particular, as the …

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Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods

Home Depot Inc. said Tuesday that the home improvement market could weaken this year if consumer spending continues to shift toward services from goods and if inflation continues to weigh on demand. Home improvement giant HD, -7.06% however, expects net revenue in fiscal year 2023 and same-store sales to be roughly flat with last year …

Home Depot sees the home improvement market shrinking if consumer demand continues to shift to services from goods Read More »

Home sales continue to slow

Text size Home sales continued to decline in January. Frederic J. Brown/AFP via Getty Images January home sales fell for the 12th straight month, hitting the lowest rate since 2010. Homes sold at a seasonally adjusted annual rate of four million in January, according to National Association of Realtors data released today. Sales fell 0.7% …

Home sales continue to slow Read More »