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Economic Update – May/June 2019

Strong Economic Growth In Q1 But Slowing In Q2…. The most recent estimate for GDP growth in the first quarter of 2019 was quite strong at 3.1%, up from 2.2% in the fourth quarter of 2018.  Much of the GDP growth in Q1 was from a buildup of inventories and net export of goods. Many…
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Do You Have a Plan for Marketing Your Home Improvement Company

When owners start a home improvement business they typically plan and budget for things like lead generation, computers, office supplies, employee salaries, rent, equipment, electricity and phone costs. You need these things to have a viable business. However, there is often no plan for marketing. This translates to – there is no budget for marketing,…
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Economic Update February/March 2019

Continued Strong Job Growth Should Help Drive Home Improvement Industry…  In what should be quite beneficial for the home improvement industry job growth in the United States has remained strong. January nonfarm payrolls grew 304,000, higher than the consensus expectation of 165,000, with December adding 222,000. The average monthly gain in 2018 was 223,000. An…
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