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.

Lumber is a core component for many of the projects that drive people to Home Depot. For instance, the work-from-home trend created an urgent need for home offices. Some folks turned existing spaces ...

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 ...

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 ...

Home Depot (NYSE: HD) has experienced a sales surge since the pandemic's onset. Customers cooped up at home are noticing things that need to be fixed. Furthermore, the drastic lifestyle change ...