Home Depot Sees Sales Boost from Smaller Projects Amid Slumping Housing Market

Home Depot reported improved sales during its fiscal second quarter as customers focused on smaller projects and spent more during the summer months.

The company's quarterly sales increased due to these factors, but the outlook remains unchanged in a slumping housing market.

This is according to Michelle Chapman, AP Business Writer, who noted that while customers are spending more on smaller projects, they are not engaging in larger home renovations or purchases.