Home Depot, Lowe’s: remodeling idles as big projects lag
Remodeling demand is holding its own in lower-ticket home repair-and-maintenance work, but large discretionary renovations remain under pressure, as economic uncertainty, high interest rates and affordability constraints hold consumers back. Stalled momentum was a key takeaway from the latest earnings calls from The Home Depot and Lowe’s, both held last week. While executives at both […]
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