Consumer News Renovation Spending Projected To Rise As Home Sales Slow
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Lowe’s CEO predicts home renovation on the rise in 2026
Its latest LIRA report predicts that renovation and repair spending will grow about 2.4% in early 2026, then slow slightly to 1.9% by the third quarter. Read More
How US Home Sales Are Predicted to Rise Across 2026
Redfin economists expects a slow but steady improvement in affordability to bring back buyers from the sidelines of the market. Read More
Home Depot Cuts Forecast as Consumers Pull Back on Spending
The big box retailer said tariff costs and elevated mortgage rates had slowed consumer spending on new homes and remodeling projects. Read More
Gap’s sales rise while Home Depot and Target warn of consumer spending pullback
In Gap’s case, celebrity-fueled marketing, flashy collaborations and revamped inventory are bringing more consumers in the door and helped push comparable sales 5% higher in the third quarter. The ... Read More
Retail sales growth expected to dip as high prices strain US consumers
The gap between incomes is growing. Wealthier consumers, buoyed by a booming stock market, remain comfortable spending. Retail behemoths like Walmart and Gap have posted robust quarterly sales, in ... Read More
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