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Building Material Retailers Report Largest Monthly Sales Since 2006

The COVID-19 pandemic has affected businesses across the United States. Stay-at-Home and Shelter-in-Place restrictions primarily impacted businesses that were deemed “non-essential”. Building material and garden equipment dealers—a market that includes The Home Depot, Lowe’s, Menards, and hardware stores—reported a 16.4% sales increase in May 2020 compared to May 2019. Sales of $36 billion for May … Continued