Fun Fact Friday 🔨 5/24/2024

fun fact friday

Hey Friends,
Just 4 fun facts to share with you today and my weekly quote to ponder.  Have a great weekend!


Fun Fact 1:
Americans are expected to spend $449 billion this year on home renovations & repairs, down from a record $481 billion spent in 2023. That would be the first annual decline in spending since 2009.

Source: Joint Center for Housing Studies

Andrew Bacon Top Colorado Springs Realtor

Fun Fact 2:
Home Depot revenues fell 2% over the last year, the 5th straight quarter of negative YoY growth. That’s the longest stretch of negative revenue growth since 2009-10.

Source: Charlie Bilello

Andrew Bacon Top Colorado Springs Realtor

Fun Fact 3:
The interest rate on new federal student loans is expected to rise to 6.5% in July, up from 5.5% currently and the highest level we’ve seen since 2008.

Source: Department of Education (2015-2023); Wall Street Journal estimate (2024)

Andrew Bacon Top Colorado Springs Realtor

Fun Fact 4:
The total Fertility Rate in the US moved down to 1.62 births per woman in 2023, an all-time low.

Source: Centers for Disease Control and Prevention

Andrew Bacon Top Colorado Springs Realtor

Quote I’m pondering:

“I don’t focus on what I’m up against. I focus on my goals and I try to ignore the rest.” —Venus Williams


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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.

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