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How Stagflation Is Reshaping the Home Renovation Market

How Stagflation Is Reshaping the Home Renovation Market

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In episode 107 of Stagflation Conversations with Fexingo, Lucas and Luna examine how persistent stagflation is hitting the home renovation industry. With the unemployment rate at 4.2%, average hourly earnings up just 2.4% year-over-year to $37.60, but the PCE price index rising 0.4% month-over-month, homeowners are feeling squeezed. The hosts discuss why the 'funflation' trend—spending on experiences like home upgrades—is cooling, as high material costs and flattened real wages force DIYers and contractors to pivot. They analyze data from the Joint Center for Housing Studies showing a slowdown in renovation spending growth from 8% to 2%, and explore how companies like Home Depot and Masco are responding. The episode also touches on the rise of smaller, essential repairs over luxury remodels, and what this shift means for the broader economy. A thoughtful look at how inflation and slow growth are literally reshaping American homes. #Stagflation #HomeRenovation #Inflation #HousingMarket #DIY #Contractors #Remodeling #HomeDepot #Masco #RealEstate #Construction #SupplyChain #Funflation #ConsumerSpending #Economics #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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