Home Depot cites US job and affordability fears as it cuts outlook
Home improvement retailer blames sales slowdown on sluggish housing market and less destructive hurricane season
Home improvement retailer blames sales slowdown on sluggish housing market and less destructive hurricane season

Robust demand comes despite lingering high interest rates

Home improvement giant spends billions to attract new business from professionals beyond traditional customer base

Inflation and job losses add to dimming expectations for retail and hospitality industries during busiest time of year

Political pressure in response to public anxiety will demand policy responses

Initial release of data had been postponed because of federal government shutdown

Downsizing has become less appealing to older generations, lowering inventory of property sales