Among the beneficiaries: Lowe's and Home Depot.
Companies like Home Depot and Lowe's have benefited from homeowners fixing what they already own.
After a decade of growth, demand for remodeling and repairs is expected to soften.
The hardware retailer announced thousands of layoffs this week, but the jobs aren't going away
The Trump administration more than doubled tariffs on many Chinese goods.
Marvin Ellison, who is credited with a mixed turnaround at J.C. Penney, is heading back to the home improvement space. Before joining J.C. Penney, he spent 12 years at Lowe’s biggest competitor, Home Depot. Click the audio player above to hear the full story.
Lowe's and Home Depot have released better than expected earnings.