Home Depot Inc. , the largest U.S. home-improvement retailer, said first-quarter profit rose 12 percent, meeting analysts’ estimates, as operating expenses fell faster than sales.
Unemployment may fall faster than both the Federal Reserve and the White House project as an aging population holds down the supply of workers and an expanding economy increases the demand.
Home Depot Inc., the world’s largest home-improvement retailer, reported a third-quarter profit gain that topped analysts’ estimates as shoppers spent more per trip.
Confidence among U.S. consumers rose in February to the highest level in three years as Americans became more optimistic about their incomes and the economy.
"We know major renovation has been in decline for the past few years."
- Craig Menear on Dec 08, 2010