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Home Depot sees a declining home-improvement market if consumer demand keeps shifting to services from goods

Home Depot Inc. said Tuesday the home-improvement market could weaken this year, if consumer spending keeps shifting toward services from goods, and if inflation continues to affect demand.

The home-improvement giant HD,
-2.36%
expects fiscal 2023 net sales and same-store

Home Depot sees a declining home-improvement market if consumer demand keeps shifting to services from goods Read More »