The number of homes sold in the U.S. and their median selling prices increased in June, up from 2014 and setting the highest selling pace since 2007. Completed sales transactions on existing homes increased to 573,000, which is growth of 13.2 percent from a year ago, …
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Retail Jobs Added in June – But Not in Building Materials Category
Nearly 23,000 new retail jobs were added in June, but not in the building materials category, according to the National Retail Federation. Total retail employment – excluding car dealerships, gas stations and restaurants – increased by 212,000 jobs on a year-over-year basis, according …
Read More »Americans’ Retail Spending Drops in June
Americans spent less on home improvement and garden products in June than in May, according to estimates from the U.S. Census Bureau. Shoppers reduced their home improvement spending by 1.3 percent in that period. The June 2014 to June 2015 drop was 1.4 percent. Overall retail …
Read More »NRHA Hits the Road to Visit Independents
Independent We Stand, an organization that supports locally owned businesses, is taking to the road today to visit independents from Detroit to Boston – and the North American Retail Hardware Association (NRHA) is along for the ride. During the trip, Independent We Stand and NRHA …
Read More »Existing-Home Sales Strong in May
Existing-home sales were up in May, increasing by 5.1 percent from April and jumping 9.2 percent year over year. About 5.35 million existing single-family, townhouses, condominiums and co-ops sold in the U.S. in May, according to the National Association of …
Read More »Home Improvement Retail Sales Increase in May
U.S. retail and food services sales increased in May, up an estimated 2.7 percent from May 2014 — but the home improvement industry’s numbers were even better. Building materials and gardening supplies sellers saw retail sales go up by 4.8 percent year over year, and …
Read More »Home Builder Confidence Up for June
Home builder confidence increased in June, hitting its highest point since September, according to survey data from the National Association of Home Builders (NAHB). “Builders are reporting more serious and committed buyers at their job sites and this is reflected in …
Read More »How the Independent Hardware Retailing Industry Is Faring—A Letter to the Editor
Recently, a local newspaper in Indianapolis, where the North American Retail Hardware Association is headquartered, published a story about an independent hardware store that’s closing its doors. The story also talked about the tough times the independent hardware retailing industry …
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