Homestead mailing list

[Gene GeRue <genegerue AT ruralize.com>]

> That phrase "helped by acquisitions" is the important point.  This is not
> new business but business brought in with the purchase of other
> businesses.  HD has been trying to get into the contractor supply business,
> the people who will deliver a housing development sized pile of lumber.

What I was referencing was your Subject. Apparently, consumer 
remodeling and appliance upgrading is down. But here is $3.5 billion 
in purchases by new home builders and remodeling contractors. That is 
a substantial amount of activity in an industry that some keep saying 
is dying or dead.