ilmscore | Inflation Is Cooling, But Are We Headed for a Recession? Home Depot’s Warning

Inflation Is Cooling, But Are We Headed for a Recession? Home Depot’s Warning

Published: 2024-08-14
Status: Analyzed

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
Home Depot projects a 3-4% decrease in sales for the remainder of 2024, a revision from earlier, less negative predictions.
"now they're predicting sales to fall in their own stores between 3 to 4 % between now and the end of 2024 which is a pretty significant increase"
Home Improvement Spending
Pending
Consumers are delaying home improvement projects until interest rates decrease.
"the customer is set to defer those projects until interest rates fall"
Consumer Behavior
Pending