Braking Down The News

Home-Goods Retailers Jolted by Slowdown in Housing Market

Cooling housing market threatens demand for items such as appliances, furniture and curtains

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Falling home sales are rippling through the economy, providing a window into how rising interest rates can cool spending, hiring and growth.

When people buy new homes, they typically buy a lot to go inside, including furniture, curtains, lighting fixtures and appliances.

 

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