What Home Depot is seeing in the US consumer ...Middle East

Hardware giant Home Depot reported earnings today of $3.8 billion compared to $4.3 billion a year earlier. Still, shares are up 3.5% in the pre-market as they were stronger than expected.Housing is naturally a drag on the US economy with interest rates high and that's something the company emphasized. Comp sales in Q3 were down 3.1% overall and 3.5% in the US compared to last year."Our quarterly performance was in line with our expectations," said Ted Decker, chair, president and CEO. "Similar to the second quarter, we saw continued customer engagement with smaller projects, and experienced pressure in certain big-ticket, discretionary categories."The company updated its guidance to a sal

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