Taken as a sign of economic stability, home improvement companies such as Home Depot posted an increase in sales for more expensive items.
“Overall, sales at Home Depot stores open a year or longer in the U.S. rose 7.3 percent compared to a year ago. The company's overall sales -- $21.8 billion -- were up 6.4 percent,” CNN Money reports.
"There's a lot of momentum in the U.S.," Carol Tome, Home Depot's chief financial officer, said in a conference call Tuesday.
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