- Home Depot customers are putting their kitchen remodels and bathroom upgrades on hold as they turn instead to smaller projects that can be funded in cash, like painting and yard improvements, said Home Depot execs. The company reported solid earnings Tuesday but warned customers are hesitant to take on debt to fund larger home-improvement projects as interest rates remain stubbornly high.
Home Depot customers are putting their big home-improvement projects on hold as worries about the economy and interest rates have them sticking to smaller projects.
