Thursday, 18 March 2021, 8:05 am The home improvement sector was among the few bright spots in the US economy in 2020. According to the research data analyzed and published by ComprarAcciones.com, product sales in the space rose by 8.7% year-over-year (YoY) to $440 billion. Prior economic downturns have not been as kind to the market. During the 2008/2009 financial crisis, the market suffered a three-year decline. Based on a report by Harvard University, annual spending on home renovation and repair is set to soar by 4.1% in Q1 2021. But by Q3 2021, growth is projected to taper off to 1.7%. Lowe’s Net Sales Rose by 28% to $20.31 Billion, Ace Hardware’s Up by 39.2% to $2.1