Home News Housing: Reworking Slows Forward Of Historic Growth’ To Return

Housing: Reworking Slows Forward Of Historic Growth’ To Return

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New knowledge this week reveals home improvement giants like Lowe’s and Home Depot posting decrease income. These companies are also downgrading their sales outlooks for the 12 months. Home improvement consultants say shoppers are becoming jittery in regards to the economy and are shifting from large-scale remodels to smaller, cheaper projects—or simply scrapping their renovation plans altogether. Consumers have a case of the “home improvement blues,” Neil Saunders, a retail professional and managing director at Global Data, reportedly mentioned this week.