In Q2, the U.S. economy grew twice as fast as it did in Q1, which was supported by consumer spending and private inventory investment, according to the National Association of Home Builders (NAHB). Consumer spending rose at its annual rate …
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Data recently released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, says National Retail Federation chief economist Jack Kleinhenz. “The path of household spending remains difficult to …
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The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …
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R.P. Lumber announced it is acquiring Thorne Lumber Company, an independently-owned hardware and building materials retailer with three locations in northwestern Missouri. With this acquisition, R.P. Lumber will have 87 locations, including 20 in Missouri. “Strategically, this is the right …
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Benjamin Moore released its Color of the Year 2024 as Blue Nova 825, an intriguing blend of blue and violet that sparks adventure, elevates and expands horizons. Inspired by the brilliance of a new star formed in space, Blue Nova …
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See how several home improvement and other big-box retailers performed in the fourth quarter of 2022 with a round-up of Q4 financials. The Home Depot Sales for The Home Depot for the fourth quarter of fiscal 2022 were $35.8 billion, …
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Several home improvement and other big-box retailers shared financials from 2022. See how each performed last year. The Home Depot Sales for fiscal 2022 for The Home Depot were $157.4 billion, an increase of $6.2 billion, or 4.1%, from fiscal …
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The Home Improvement Research Institute (HIRI), the nation’s leading resource for market research concerning the home and building products industry, forecasts the total U.S. building products market will build on its already exponential growth of 2020 and 2021. HIRI predicts …
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