Home Depot Sales Drop, Signaling Consumer Slowdown
Update: 2025-11-19
Description
Home Depots Q3 sales growth stagnates, reflecting broader consumer spending slowdown; CEO attributes this to consumer uncertainty and housing market pressure. Other retailers also see shifts in consumer behavior, with higher-income individuals opting for cheaper options. The overall economic climate, marked by declining consumer confidence and rising job cuts, suggests a potentially challenging period for the consumer economy.
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