LOW · News · 20260826N

Macroeconomic Consumer Pressure

LOWES COMPANIES INC · 2026-08-26 · Importance 17 · Surprise 6

Higher mortgage costs are suppressing consumer spending on home-improvement projects in the United States. The resulting weak housing market is weighing on both Lowe’s and Home Depot’s profits and limiting demand while the housing market remains effectively frozen. A decline in mortgage rates and subsequent housing-market recovery could improve Lowe’s demand and create upside for the company.

Key facts

• Higher mortgage costs are impacting consumer spending on home improvements and weighing on Lowe's profits. source