According to a report by the Demand Institute, 79 percent of millennials are optimistic about their financial situation. As a result, 74 percent expect to move within the next five years, resulting in an additional 8.3 million millennial households by …
Read More »
After a week of speculation, on Monday, Home Depot confirmed a security breach of customer payment data. According to an article on cnet.com, the company announced any customer who used a credit or debit card in its US stores from …
Read More »
The American Hardware Manufacturers Association’s AHMA Home Improvement Industry Confidence Index’s Current Situation Index declined in August to 294.1 from 320.8 in July, while the Future Expectations Index also declined to 192.7 from 266.5 in July. In comparing current sales …
Read More »
Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor Statistics reported. Job gains occurred in professional and business services and in health care. In August, both the unemployment …
Read More »
The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th …
Read More »
The Federal Housing Administration is overhauling a long-held policy of charging extra interest payments on loans it insures to borrowers who have already paid off the principal debts on their mortgages. FHA has permitted its lenders to charge borrowers a …
Read More »
Home Depot’s recent security lapse was a result of the same malware that attacked Target months ago. Krebs on Security reports that last week’s Home Depot. hack was “aided in part by a new variant of the same malicious software program …
Read More »
The Hardware Retailing Magazine Index soared in August, jumping 124.69 points, or 10.24 percent, closing at 1342.35, easily a record, and the highest index reading since December, 2013. Only Sears ended the month in negative terrain. The Commerce Department reported …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
