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Consumer Confidence Rises in February

consumer confidence February 2026

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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Trex Announces CEO Transition

Trex CEO transition

Trex Company, Inc. recently announced chief executive officer Bryan H. Fairbanks will retire from Trex after nearly 23 years with the company, effective April 2026. The board of directors has appointed Adam D. Zambanini, Trex’s current executive vice president and …

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Lowe’s Sales Reach $20.6 Billion in Q4 2025

Lowe's Q4 2025 financials

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 …

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Mortgage Rate Drop Increases Homeownership Eligibility

mortgage rate drop

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 …

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