Home improvement giants Home Depot (HD) and Lowe’s (LOW) will report third-quarter earnings this week. Home Depot reports earnings on Tuesday, while Lowe’s reports on Wednesday. HD stock and LOW stock fell. X Wall Street expects muted results, as the homebuying and renovation boom that’s lasted through most of the […]
Read Time : 4 Minutes
Lumber prices start to dip after reaching sky-high costs. Will they keep coming down?
Lumber prices have started to come down from historically high levels — but some experts don’t expect them to return to normal anytime soon. Supply shortages coupled with increased demand during the COVID-19 pandemic drove prices sky-high, soaring to about $1,500 per 1,000 board feet in May and increasing by […]
Read Time : 5 Minutes
Global supply chain squeeze, soaring costs threaten solar energy boom
Global solar power developers are slowing down project installations because of a surge in costs for components, labor, and freight as the world economy bounces back from the coronavirus pandemic, according to industry executives and analysts interviewed by Reuters. The situation suggests slower growth for the zero-emissions solar energy industry […]
Read Time : 9 Minutes
Home Upgrade Costs That Have Increased Due to COVID-19
stevecoleimages / iStock.com Many American families transformed their stimulus payments into home equity by putting that cash into remodeling projects. It’s money well spent. A smart and strategic rehab can boost a home’s value by tens of thousands of dollars. Support Small: It’s Not Too Late To Nominate Your Favorite […]
Read Time : 5 Minutes
Lumber prices still sky-high amid COVID shortage. What’s being done to get costs down?
Lumber prices have continued surging in response to supply shortages spurred by the COVID-19 pandemic. The lumber scarcity matched with increased demand during the pandemic drove costs sky-high, which in turn has increased construction and housing costs and left government officials and those within the industry grappling with how to […]
Uncategorized
Read Time : 6 Minutes
Used Car Costs Are Sky
Zeigler Automotive Group mentioned it plans to update the Subaru dealership’s showroom, add further service capacity and enhance the display area for new- and used-vehicle inventory. The two corporations have signed a memorandum of understanding to kind Mobile Drive, a joint venture based within the Netherlands. President Joe Biden, during […]
Read Time : 4 Minutes
Home Depot, Lowe’s Q4 Earnings Preview: Escalating Costs Could Hurt Stock Gains
Home improvement retailers Home Depot (NYSE:) and Lowe’s (NYSE:), have seen their sales soar during the pandemic. With lockdowns in affect and most Americans forced to stay at home, many diverted their savings to home improvement projects, such as redesigning backyards, building home offices and renovating basements. This trend is […]
Read Time : 16 Minutes
Staying home costs money. How will COVID-19 affect local NC government services, taxes?
When people stay home and businesses close, it helps keep the coronavirus in check, but it also leaves local governments with less money to pay for policing, fighting fires, collecting trash and other services. Most of that money comes from property taxes, but the sales taxes we pay when we […]