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Tag Archives: economy

A 2016 Outlook on Home Improvement Product Sales

The U.S. economy continues to improve, and home improvement product sales are up — factors that should only bode well for home improvement retailers. Total home improvement product sales increased in 2015, and are expected to grow even more in 2016 and ... Read More »

ARA Predicts Stable Growth for the Equipment Rental Industry

Growth Rental Equipment

According to the latest forecast released by the American Rental Association (ARA), the equipment rental industry should experience stable growth through the next few years. Reflecting the continued growth in residential and nonresidential construction combined with a downward shift in ... Read More »

Sales Continue to Rise for Home Depot and Lowe’s

Rise

Last week, big box retailers Home Depot and Lowe’s both announced their fourth-quarter revenues with sales growth that suggests consumers are increasingly spending money on home improvement purchases. Read the following articles for more details on the companies’ financial performance: Home Depot’s ... Read More »

Small Business Owners Look to the Year Ahead

What will the small business landscape look like in 2016? That’s what Manta’s Semi-Annual Wellness Index asked small business owners when they asked them to evaluate their businesses and share what issues they expect to cause concern in 2016, according ... Read More »

Home Builders and Designers Gather in Las Vegas

International Builders' Show

Home builders, designers and manufacturers all flocked to the Las Vegas Convention Center yesterday to kick off Design & Construction Week. Founding partners the National Association of Home Builders and the National Kitchen and Bath Association are co-locating the International Builders’ Show® ... Read More »

Housing Starts Reach Seven-Year High

consumer confidence

The number of housing starts in the U.S. rose to a seasonally adjusted rate of 1.2 million in November, or 16.5 percent growth above November 2014, for a seven-year high. Single-family production increased 7.6 percent to a seasonally adjusted annual rate ... Read More »

Holiday Spending Grows — Especially Online

Holiday Shopping

Paying for more experiences and shopping with cash saved at the gas pump were among the reasons for an uptick in holiday spending in 2015. Overall spending jumped 7.9 percent from the previous year, according to the MasterCard SpendingPulse report. This ... Read More »

Strong Industry Growth, Big Possibilities

As seen in the North American Retail Hardware Association (NRHA) and Hardware Retailing’s 2015 Market Measure, the home improvement industry experienced favorable growth in 2015, growing nearly 5 percent above 2014. This steady growth was also seen in research gathered by ... Read More »