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Tag Archives: data

Monitoring the Market: 2020, Quarter 3

Industry Metrics

Monitoring market trends in consumer sentiment, home improvement rates and construction figures can help you anticipate emerging opportunities for your business. Use the tables below to get a deeper understanding of a few of the forces affecting independent home improvement. …

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Now Available: 2020 Cost of Doing Business Study

2020 cost of doing business study

The 2020 Cost of Doing Business Study is now available! For decades, independent home improvement retailers have trusted this annual benchmarking tool to understand where their operation falls in the U.S. marketplace and set goals for future success. Featuring financial …

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How Will You Budget for 2021?

budget

After an unprecedented year full of retail volatility and strong sales for home improvement retailers, how will you budget for your business in 2021? Over the past few months, the North American Retail Hardware Association (NRHA) has received hundreds of …

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U.S. Housing Starts Climb 23% in July

u.s. housing starts

According to new data from the U.S. Commerce Department, housing starts increased 22.6 percent in July, the highest rate recorded in nearly four years. In total, seasonally adjusted housing starts in July were 1.5 million, up from June’s total of …

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Home Improvement Sales Fell Slightly in July

home improvement sales

U.S. home improvement sales fell slightly from June levels, new data from the U.S. Census Bureau shows. In total, NAICS 444  sales (not seasonally adjusted) hit $40.3 billion in July, down from $43.1 billion in June sales. In June, data …

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Discover 3 Benefits From the Cost of Doing Business Study

cost of doing business study

There are only days left to participate in the Cost of Doing Business Study, an annual financial benchmarking tool that delivers powerful data to independent home improvement center, hardware store and lumberyard operators. Each year, independent operators across the U.S. …

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June Home Improvement Sales Rise 17% Over 2019

home improvement sales

Sales at U.S. home improvement stores (NAICS 444) in June rose 17 percent over the same period in 2019, new data from the U.S. Census Bureau shows. Overall U.S. retail sales climbed 7.5 percent over May as many businesses reopened …

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Paycheck Protection Program Extended to Aug. 8

paycheck protection program

The eligibility period for small businesses to apply to the Paycheck Protection Program (PPP) has been extended until Aug. 8, according to NPR. The program, which extends potentially forgivable loans to businesses negatively affected by COVID-19, was set to expire …

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