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Home Depot’s Warning About the Economy

Home Depot’s Warning About the Economy

Lower Guidance As the world’s largest home improvement supplier, Home Depot (HD) has real insight into how Americans are feeling about spending money. That’s why economists were concerned when the company lowered its sales guidance for the rest of the year. During the company’s latest earnings call, executives noted that while the company’s long-term fundamentals…Read more

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Home Depot’s Warning About the Economy

Consumer Crunch? Spending, Debt, Stagflation

Consumer Crunch? Spending, Debt, Stagflation

Consumer Cracks In the United States, the consumer is the economy. Consumer spending accounts for around two-thirds of U.S. GDP, so when spending falters, the economy is in a pinch. That is why economists have been worried about the state of people’s wallets in the face of the high inflation Americans have been enduring. Even…Read more

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Consumer Crunch? Spending, Debt, Stagflation
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