Home Depot signaled the swings in lumber prices plaguing builders are not going to abate anytime soon. "When lumber hit those extraordinary highs in the early part of last year, we saw a dramatic unit ...
Meanwhile, the U.S. unemployment rate was 4.3% in August — the last month of data available before the shutdown. That’s its highest level since 2021. Customers are facing a cash crunch, and Home Depot ...
America’s biggest home-improvement chains say the lumber market is returning to normal after a period of extreme and record volatility. A near doubling of lumber prices zapped consumer demand at do-it ...
The Fed’s rate hikes are beginning to have their effect on slowing inflation. For example, lumber prices have dropped more than 50% since the central bank started raising interest rates in March.
PennyGem on MSN
$10B Home Depot Supply Collapses—Tennessee Hub Shuts Down, Entire Workforce Eliminated
Forklifts stand idle and pallets remain half-packed in La Vergne, Tennessee, as an HD Supply warehouse within Home Depot's ...
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