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Jim Stoddart, Home Depot’s senior vice president of growth initiatives, will leave the company tomorrow.

The Department of Commerce said today housing permits dropped to their lowest levels in 10 years in April, but that home construction starts still beat expectations.

Home Depot’s first-quarter profit decline is due to a slumping housing market, the company reports.

PM Managing Editor Kelly Faloon wraps up her live reports from the 2007 Kitchen & Bath Industry Show in Las Vegas.

PM Managing Editor Kelly Faloon continues her live reports from the 2007 Kitchen & Bath Industry Show in Las Vegas.

PM Managing Editor Kelly Faloon reports live from the 2007 Kitchen & Bath Industry Show in Las Vegas.

Americans will spend nearly $233 billion on home remodeling this year, according to the National Association of Home Builders' (NAHB) 2007 industry forecast. That represents a 1.9% increase from the

Manufacturers cite lack of alternative materials.

Combined U.S. factory shipments of central air conditioners and air-source heat pumps for March totaled 636,199, up 65% from last month’s total, but down 12% from March 2006 shipments.

H.R. 2076 proposes to amend the Safe Drinking Water Act to establish maximum lead levels for drinking water through restricting the amount of lead used in the production of bathroom fixtures and fittings.