Consumer boom over

The stimi money has run out now:

Sliding sales at the home improvement giant Home Depot in the first quarter of the year mark the end of a three-year boom for the company led by consumers taking on home improvement projects amid pandemic lockdowns and leading into the remote work era.

I remember the chatter about housebound people putting their effort into improving the house.

Let’s see if the money they are no longer spending on their house squirts out somewhere else.

Steve