January 26, 2015

A new study from The Freedonia Group is forecasting global demand for power tools to reach $32.9 billion by 2018, indicating a growth rate of 4.8% per year.

January 23, 2015

Existing-home sales broke the 5 million mark in December, rebounding from November by 2.4% on the back of a significant jump of activity in the West, according to the National Association of Realtors.

January 23, 2015

Fitch Ratings is predicting a much less tepid year for the U.S. housing market in 2015 in its latest edition of the 'Chalk Line.'

January 22, 2015

The National Kitchen & Bath Association has sniffed out an important development in the world of kitchen and bath design: the tipping point has been reached for contemporary styles.

January 16, 2015

A new survey conducted by HomeServe USA is pointing to a lack of foresight – or perhaps a lack of a financial cushion – among many homeowners.

January 14, 2015

U.S. retail sales backtracked in December across the board, as well as for building material and garden equipment and supplies dealers (NAICS 444), which were down 1.9% month-over-month.

January 9, 2015

The top OSHA-cited violation is fall protection, followed by hazard communications.

January 7, 2015

2014 ended in good faith -- at least according to Decision Analyst's U.S. Economic Index in December, which, at 109, registered at 3 points higher than December 2013 and 24 points higher than January 2009, when the index hit a low of 85.

December 30, 2014

The Conference Board Consumer Confidence Index inched upwards to a December reading of 92.6, compared to 91.0 in November.

The Present Situation Index rose to 98.6 from 93.7, while the Expectations Index decreased to 88.5 from 89.3 in November.

December 30, 2014

Out of the top 50 largest U.S. metro areas, the largest amount of cumulative rent was paid the New York-Northern New Jersey ($50 billion) and Los Angeles ($34 billion) metros.

December 23, 2014

Behind painters, plumbers and handyman ranked second and third – not surprising given the yearlong consistency homeowners have for their services.

December 22, 2014

Many bright spots this past November were categories that had been on the decline in the weeks and months leading up to November.

December 19, 2014

A new report from Zillow pins U.S. home value growth at a gain of 6.7% (or $1.7 trillion) in 2014, which brings the total value of all homes in the U.S. to $27.5 trillion.

December 14, 2014

For the 30 publicly traded companies tracked by the HCN Stock Watch, the second quarter was better than the first, and the third quarter was better than the second.

December 11, 2014

Lumberyards, hardware stores and home centers fared well in the most recent government report measuring monthly retail sales.

December 8, 2014

Indianapolis-based Angie’s List systematically asked more than 1,000 service providers about business in the coming year.

The response: business is getting better.

December 8, 2014

The home improvement industry has discovered the infographic – in a big way.

December 5, 2014

The U.S. Department of Labor announced that unemployment held steady at 5.8% in November, with the economy adding 321,000 jobs for the month. This is well above the year's 224,000-jobs-per-month average.

December 1, 2014

According to the National Retail Federation’s Cyber Monday Expectations Survey conducted by Prosper Insights & Analytics over the weekend, 126.9 million (52.3%) shoppers plan to shop online on Cyber Monday, down slightly from the 131.6 million who planned to participate last year.

November 20, 2014

When it comes to Black Friday lines and store hours on Thanksgiving, there's one age group in particular that's more likely to support mixing retail and holiday time.

November 10, 2014

Garden Media Group released its annual garden trends report for 2015, which includes nine gardening and lifestyle trends influencing the industry.

Among them is the increased awareness of backyard cannabis. 

“First it was ‘eat your garden.’ Then it was ‘drink your garden.’ Now, it’s ‘smoke your garden,’” says Susan McCoy, president of Philadelphia-basedGarden Media. “Marijuana is going to become a great ornamental plant as people continue to customize their garden and outdoor space to meet their needs.”

November 3, 2014

The equipment rental industry in the United States is expected to show significant growth of 7.3% in 2014 to reach $35.7 billion, according to the American Rental Association’s (ARA) latest forecast from the ARA Rental Market Monitor.

The revised figures, compiled by IHS, formerly IHS Global Insight and recently released by ARA, are slightly below ARA’s previous July forecast of 7.6% revenue growth in 2014 to reach $35.8 billion.

October 27, 2014

Pending home sales rose slightly in September and are now above year-over-year levels for the first time in 11 months, according to the National Association of Realtors.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, inched  0.3% to 105.0 in September from 104.7 in August, and is now 1.0% higher than September 2013 (104.0). The index is above 100 for the fifth consecutive month and is at the second-highest level since last September.

October 24, 2014

Sales of single-family homes increased in September -- but only slightly, and only after downward revisions of the August numbers.

The U.S. Department of Commerce data released Friday showed new residential sales at a seasonally adjusted annual rate of 467,000, up 0.2% from the revised August rate of 466,000. 

On the positive side of the report, the September rate is up 17.0% compared to the September 2013 figure of 399,000.

Stern Agee Chief Economist Lindsey Page said the figures render the momentum in August illusory.