Tuesday, May 23, 2006

Housing boom coming to an end in US

FT.com: Door closes on boom times for DIY stores

Lowe's, the do-it-yourself retailer, added to signs of a slowdown in the US housing market yesterday by lowering its sales and earnings guidance for the rest of the year, amid a softening of consumer spending on home improvement products.

Posted by webmaster @ 10:47 AM (670 views)
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