In July, builder confidence in the market for newly built single-family homes was 33, up one point from June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder confidence for future sales expectations increased …
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Remodeling Spending Expected to Soften in 2026
Annual spending for home remodeling is expected to soften in 2026, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. “Weakness in the current …
Read More »Pittsburgh Paints Co. Announces Price Increases
The Pittsburgh Paints Company (PPC) notified customers that it will implement price increases of 5.8% on its products beginning August 15, citing rising production and distribution costs. Additional higher increases on a smaller group of products were also announced, but …
Read More »Bricoday 2025 Set to Break Records with Expanded Exhibit Space and New Exhibitors
The 17th edition of Bricoday, the leading B2B event for the DIY, technical, home improvement and decoration industries, is expected to be a record-setting event. 460 companies are participating in Bricoday so far, with 150 new entries. The show will …
Read More »Back-to-School Shopping Kicks Off Early
Back-to-school shoppers have already begun purchasing items for the upcoming school year this month, according to an annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. Two-thirds (67%) of shoppers began their shopping in early …
Read More »Tariffs Postponed, New Tariffs Announced
Reciprocal tariffs have been placed on a 90-day pause that was originally scheduled to end on July 9. The tariffs will now begin on August 1, giving negotiators additional time to reach agreements. During a cabinet meeting, President Donald Trump …
Read More »Inflation Up in June as Tariffs Drive Prices Upward
Inflation increased in June as President Trump’s tariffs continue to impact the U.S. economy. The Consumer Price Index rose 2.7% from June of last year, according to the U.S. Bureau of Labor Statistics, the fastest pace since February. Prices rose …
Read More »Sunshine Ace Hardware Opens New Location
Sunshine Ace Hardware recently opened a new retail store in Winchester Center, an area in Collier County, Florida. This location is the seventh hardware store in the county. “My grandfather, Don Wynn, started Sunshine Ace Hardware in 1958 with a …
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