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November 6, 2026

HIRI Economic Industry Update

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Rolling 12-month sales at building materials, garden equipment and supplies dealers reached $520.5 billion in August 2026, the highest level in the 25 months tracked.

The rolling total adds up the most recent 12 months of sales and is up 2.3% from August 2025, according to the U.S. Census Bureau. Advance sales for the single month of August 2026 fell 6.5% from July 2026 to $44.5 billion without seasonal adjustment, but ran 5.2% above August 2025.

The 30-year mortgage rate climbed to 6.86% in September 2026, its seventh straight monthly increase and its highest level since January 2025.

The rate has risen 0.81 percentage points from 6.05% in February 2026, according to Freddie Mac. The 15-year rate also climbed, to 6.20% in September 2026, which is 0.70 percentage points above September 2025.

The Conference Board's Consumer Confidence Index fell 7.6% in September 2026 to 81.9, its lowest reading in the 25 months tracked.

The index is down 13.1% from September 2025. The University of Michigan's Consumer Sentiment index also fell, down 7.0% from August 2026 to 48.1 and 12.7% below September 2025.

The Eco­nom­ic & Indus­try Update cov­ers gen­er­al eco­nom­ic data, hous­ing mar­ket data, and home improve­ment mar­ket data. This month­ly report is com­prised main­ly of pub­licly avail­able data, but com­piled into one place, sav­ing mem­bers time. 

Iden­ti­fy and eval­u­ate key eco­nom­ic indi­ca­tors to under­stand their influ­ence on the home improve­ment market.

Exam­ine the hous­ing mar­ket trends to gauge their effects on the demand for home improve­ment and build­ing products

Inves­ti­gate changes in con­sumer behav­ior and spend­ing pat­terns on home improve­ment and ren­o­va­tions projects.

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HIRI Economic and Industry Update PPT Report November 2026
HIRI Economic and Industry Update PDF Report November 2026

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HIRI Econ and Industry Update Data File November 2026

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