How Fed Rate Cuts Could Offer Stimulus for the Housing Economy

Home Depot and Lowe’s have been in a holding pattern along with the broader housing economy. Executives from the two companies have stressed that their core customer group, American homeowners, are in good shape. “They have a strong balance sheet, strong wage growth, low unemployment, record equity, and for the first time in a while, you have personal disposable income growing faster than inflation,” Lowe’s Chief Executive Marvin Ellison said of homeowners at a conference in June.

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