Consumer Spending
11 articles
Home Depot earnings show consumers shifting to smaller projects
Despite beating Wall Street's sales and earnings expectations, Home Depot forecasts a steeper drop in annual profit, signaling a stark divide in consumer spending habits.
US Bathroom Trash Can Market Trends Forecast to 2034
Forget the drab plastic bin: the US bathroom trash can market, valued at over $2.
Home remodeling growth slows to 0.5% by early 2027
By the first quarter of 2027, annual spending growth on home renovations is projected to plummet to a mere 0.
Home Improvement Market Cools, But Prudence May Drive Future Growth
Home Depot, a bellwether for home improvement, saw sales drop 3.
Economic climate impact on home remodeling: Home Depot cuts forecast
This year, 71% of homeowners postponed renovations due to economic uncertainty, a factor leading Home Depot to cut its financial forecast and trim its full-year outlook.
Family Handyman: Average homeowners cut renovation spending
High-end home renovations are soaring to $150,000 in 2025, a 7% jump, even as the average homeowner plans to cut their future spending by 25%.
Tax refunds fuel home renovation boom across the nation
In March alone, online searches for 'tax refund home projects' spiked 200% compared to January, according to CNBC .
Data Shows Housing Slump's Deep Impact on Household Goods Imports
A new analysis reveals the U.S. housing market's sustained downturn is significantly reducing demand for imported household goods. This slowdown, amplified by rising import prices and tariffs, creates a challenging economic landscape for consumers and businesses alike.
Home Depot Report Shows Reduced Discretionary Spending on Major Projects
Home Depot's latest report reveals a significant shift in consumer spending, with homeowners pulling back on large-scale renovations. This trend reflects broader economic caution and impacts the entire home improvement sector.
Home Depot Report Shows Consumer Spending Decline on Major Projects
Home Depot's latest report indicates a notable decline in consumer spending on major home improvement projects, as homeowners prioritize essential repairs over large-scale renovations. This shift reflects broader economic uncertainty and impacts how you should approach your own home improvement plans.
Home Depot Reports Decline in Major Discretionary Purchases
Home Depot's latest report indicates a significant shift in consumer spending, with major discretionary purchases declining in favor of smaller, essential home repairs. This trend reflects broader economic caution among homeowners.