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Tag Archives: economy

From Saving to Spending

As the holiday season quickly approaches, consumers plan to shift their saving strategies toward the end of the year. The Holiday Spending and Savings Study, conducted by Edward Jones, analyzed the upcoming saving to spending ratio consumers will sustain. With more …

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Remodeling Conditions Show Strong Growth

The National Association of the Remodeling Industry’s (NARI) third-quarter Remodeling Business Pulse (RBP) data of current and future remodeling business conditions indicated strong growth in the third quarter of 2014 with a rating of 6.41. Quarter-over-quarter increases are evident in …

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Anticipated Growth in Single-Family Housing Starts

As the housing market continues to recover, housing starts continue to trend upwards. With wavering numbers towards the end of 2013 and the beginning of 2014, recent months have provided strong growth that has led to an anticipated 991,000 total …

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Hardware Retailing Stock Index

The home improvement industry is looking up according to the Hardware Retailing Stock Index, which reports stock activity of the leading home improvement retailers, manufacturers and builders influencing the industry. Throughout the month of October, the index gained $84 or a 6.4 …

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Small Businesses Increase Head Count

Small businesses across the United States added 102,000 jobs in October, up nearly 10 percent from September. This increase is the second six-figure number in the past year and marks the second-straight month of growth since the summer slump. Small …

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Canadians Spend More on Home Improvement

Canadians are spending less on entertainment and dining and dedicating more discretionary income to travel and home improvement. According to a report from Moneris, a provider of payment processing solutions, “Purchases at home improvement stores rose by 8.49 percent over …

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First-Time Buyers Face Obstacles

The amount of first-time homebuyers in the market is rather small compared to previous years. According to the National Association of Realtors (NAR), “the share of first-time buyers fell to its lowest point in nearly three decades and is preventing …

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More Gifts to Give, More Money to Spend

Consumers are increasing their gift-gifting this year, according to Deloitte’s 29th annual holiday shopping survey. This optimistic outlook has been shared with other analysts, but Deloitte details all aspects in its 32-page report. Below is a brief overview of the findings …

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