The Federal Reserve reduced interest rates for the first time since December 2024, amid the risk of rising unemployment, and announced more cuts would follow in response to the declining labor market. Interest rates decreased by a quarter of a …

The Home Improvement Research Institute announced the findings from its latest U.S. Size of the Home Improvement Products Market report, including a revised downward forecast for market growth in 2025 due to continued macroeconomic challenges. The total home improvement market …

Overall housing starts decreased 8.5% in August to a seasonally adjusted annual rate of 1.31 million units as affordability challenges continue, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The August reading of …

Bed Bath & Beyond Inc. has officially completed a $10 million acquisition of Kirkland’s Home’s trade name and related brand assets from The Brand House Collective, Inc. The acquisition adds Kirkland’s to Bed Bath & Beyond Inc.’s other retail brands, …

Builder sentiment levels in September remained unchanged but lower mortgage rates and expectations that the Federal Reserve will cut the federal funds rate led to higher future expectations in the coming months, according to an analysis by the National Association …

The National Association of Home Builders (NAHB) Professional Women in Building (PWB) week will take place from September 15-19, 2025, highlighting the roles women play in the residential construction industry. According to the Bureau of Labor Statistics, the number of …

The Canadian business of Pittsburgh Paints Company recently announced it will become an independent company, renamed Canadian Industries Limited (CIL). “Launching CIL as an independent Canadian company will allow us to move faster, serve customers better and invest more intentionally …

Retail spending grew in August as consumers purchased school supplies and attempted to get ahead of rising tariffs that could begin to affect prices, according to the National Retail Federation’s (NRF) CNBC/NRF Retail Monitor. Total retail sales were up 0.5% …