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Home Depot: Customers spend less due to economic “uncertainty” and interest rates


Home Depot: Customers spend less due to economic “uncertainty” and interest rates

ATLANTA (TND) — Home Depot said Tuesday that customers are cutting back on spending due to higher interest rates and economic uncertainty. The retailer’s sales for the second quarter of this fiscal year fell 3.3 percent compared to the same period last year. Net profit also shrank by $100 million, according to the company. “During […]