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Tag Archives: data

3 Takeaways From the May Jobs Report

may jobs report

According to the U.S. Bureau of Labor Statistics, the economy added 559,000 jobs in May, reducing the national unemployment rate to 5.8 percent. Notable job gains happened in public and private education, hospitality and health care. Take a deeper dive …

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Home Improvement Momentum Continues in May

diy momentum

After a year of record sales and renewed interest in the home improvement channel, take a moment to review some of the latest industry data to better understand your DIY and pro customers. The Farnsworth Group has released new research …

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Existing Home Sales, Housing Starts Fall

housing starts

New data shows the rate of existing home sales in the U.S. has fallen for the third consecutive month after reaching a record high in October. Additionally, April housing starts have also fallen since March. In total, existing home sales …

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Lowe’s Q1 2021 Sales Reach $24.4B

lowe's q1 2021

After announcing $89.6 billion in fiscal year 2020 sales, big-box home improvement chain Lowe’s is reporting first-quarter net sales of $24.4 billion, up 23.9 percent from the same period in 2020. Net earnings for the company stood at $2.3 billion, …

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Understanding the Retail Needs of Home Builders

home builders

Building products marketing firm Venveo teamed up with The Farnsworth Group to survey 101 residential contractors on how their shopping patterns have shifted in the past year. The results offer valuable insight into what pros need. As monthly home starts …

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Understanding New DIY Shopping Preferences

DIY smiling man grinding handrail

Building materials marketing firm Venveo and market research firm The Farnsworth Group are releasing new data highlighting how DIY purchase behaviors have changed in the past year. After surveying nearly 1,000 DIYers, the insight into DIY purchasing and shopping preferences …

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