Despite economic challenges, the home improvement industry has displayed strong resilience, driven by sustained consumer interest in renovation and DIY projects. However, consumer preferences continue to shift, as more shoppings choose to make purchases online and at smaller retailers. Take an exclusive look at the key consumer trends driving the performance of today’s home improvement market.

Using one of our 40 datasets, we’ve created an index to track owner’s equivalent rent (OER).

Home Depot has experienced declines in large appliances. In Q2 2023 it reported that big ticket transactions above $1,000 were down 5.5% year over year. But it’s not because Amazon is grabbing a bigger share - Amazon’s market share in larger appliances is generally low and in a downward trend. What’s causing the declines?

YipitData Consumer Spend Index Indicates January Weakness Across Categories

A Pro customer is a professional contractor or tradesperson who regularly purchases supplies in bulk for their business needs. Understand their purchasing patterns in 2023.