economy

Retail
LIRA: Remodeling Market Expected To Decline In 2020

Annual gains in homeowner spending for improvements and repairs are set to give out by the second half of next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Retail
NRF: September Retail Sales Up 4.5%

Retail sales in September were up 4.5% year-over-year, but down 0.1% seasonally adjusted from August as the National Retail Federation cited ongoing consumer concerns over U.S.-China tensions for the slight decrease between August and September.

Retail
NRF: Retail Sales Up In August

Retail sales were up 0.4% in August seasonally adjusted from July and up 4.6% unadjusted year-over-year, reported the National Retail Federation. The numbers exclude automobile dealers, gasoline stations and restaurants.

Retail
Study: Slowdown Expected In Home Improvement

Growth in residential remodeling spending is expected to slow considerably by the middle of next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Other
Paying A Steeper Price For Tariffs

We’re approaching the midway point of a year that started with so much forward momentum. But after the uneven retail sales results released the past few weeks, uneasiness is setting in as the housewares business speeds toward the second half.

Retail
New Round Of Proposed Tariffs Includes Housewares

Several housewares and home goods categories are in the crosshairs of a potential next round of 25% tariffs that could be imposed by the Trump administration on an additional $300 billion in Chinese-made goods. This follows the 25% tariffs that were imposed on $200 billion worth of Chinese-made products that went into effect on Friday, May 10.

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