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Tag Archives: economy

August Home Improvement Retail Sales Rise 12% Over 2019

August Home Improvement Retail Sales

Home improvement sales are still strong compared to 2019, the latest U.S. retail sales data from the U.S. Census Bureau shows. In August, home improvement sales (NAICS 444) stood at a seasonally unadjusted rate of $37.4 billion, up 12 percent …

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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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Small Businesses Are the Essential Economy

Small Business Economy

Small businesses are often called the backbone of the American economy, but never has that truth been clearer than during this pandemic. In addition to sickening millions of people, the outbreak abruptly crippled much of the global economy. The downturn …

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How Mans Lumber Found Silver Linings in Trying Times

Mans Lumber and Millwork

To reach 120 years of service, Mans Lumber and Millwork president Doug Mans says you have to be able to adapt to changing circumstances, even if it means making difficult decisions in moments of crisis. The family business began as …

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Poster: Why Home Improvement Is Essential

home improvement is essential

Across North America, local governments are declaring home improvement operations and their employees essential amid the COVID-19 crisis. As a valued member of the home improvement industry, you know the products you sell, the services you offer and the community …

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April Homebuilder Confidence Falls to Historic Low

april homebuilder confidence

The National Association of Home Builders (NAHB) has released new data outlining the effect COVID-19 has had on U.S. construction crews. The latest NAHB/Wells Fargo Housing Market Index (HMI) shows builder confidence fell 42 points in April to 30. Any …

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What the $2T CARES Act Means for Your Small Business

covid-19 stimulus package

Amid economic upset resulting from the COVID-19 pandemic, the U.S. has passed a $2 trillion economic stimulus package meant to bring relief to individuals and businesses, The New York Times reports. The $2 trillion aid package was signed into law …

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Unemployment Claims Rise to 3.3M in Wake of COVID-19

unemployment claims

Jobless claims in the U.S. rose to 3.3 million for the week ending March 21, CNN reports. This figure represents the highest number of initial jobless claims in history since the Department of Labor started recording the number in 1967. …

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market

2020 Market Measure

Wednesday, Dec. 16 at 2 P.M. ET