Consumer confidence increased by 2.2 points in February to 91.2, up from an upwardly revised 89.0 in January, according to The Conference Board’s Consumer Confidence Index. The Present Situation Index, based on consumers’ assessment of current business and labor market …
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Lowe’s Sales Reach $20.6 Billion in Q4 2025
Lowe’s recently released financial results for the fourth quarter of 2025 and an outlook for the full year 2026. Total sales for Q4 were $20.6 billion, up from $18.6 billion in Q4 2024. Comparable sales increased 1.3% in the fourth …
Read More »Mortgage Rate Drop Increases Homeownership Eligibility
The average interest rate on a 30-year fixed-rate mortgage recently fell to around 6%, the lowest rate in close to three years, making homeownership possible for more people, according to the National Association of Home Builders (NAHB). NAHB Priced-Out Estimates …
Read More »Home Depot Net Sales Drop 3.8% in Q4 2025, Up Year Over Year
The Home Depot released its financial results for the fourth quarter of 2025 and the fiscal year of 2025, reporting net sales for the quarter at $38.2 billion, a 3.8% decrease year over year. Comparable sales for the fourth quarter …
Read More »Gow’s Home Hardware Partners With The Brick for Expanded Furniture and Appliance Selection
Gow’s Home Hardware in Bridgewater, Nova Scotia, recently announced it has partnered with furniture and mattress store, The Brick, expanding the store’s furniture and appliance space. The Brick will open inside Gow’s Home Hardware in spring 2026. The company saw …
Read More »White Cap Completes Acquisition of Colony Hardware
Specialty construction supplies and contractor safety products distributor White Cap recently announced it has completed its acquisition of Colony Hardware (“Colony”), effective February 6, 2026. “Today marks an important milestone for White Cap and Colony Hardware as we officially come …
Read More »Trump Imposes 15% Tariff Through Executive Order Following Supreme Court Ruling
President Donald Trump announced he will sign an executive order imposing a new 15% global tariff. The order follows the U.S. Supreme Court’s ruling dismissing Trump’s attempt to impose tariffs using a law meant for national emergencies. The move came …
Read More »GDP Sees Slow Growth in Q4 2025
Real GDP growth slowed in Q4 of 2025 in the wake of the historic government shutdown’s impact on the economy. While consumer spending continued to drive growth, federal government spending brought overall growth down over a full percentage point, according …
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