The American Hardware Manufacturers Association’s AHMA Home Improvement Industry Confidence Index’s Current Situation Index improved in August to 229.2 from 225 in July (October 2008 = 100), while the Future Expectations Index was unchanged at 193.1.
In comparing current sales levels with year-ago levels, 55% of respondents said sales were higher in August versus year-ago levels, up from 54% in July. For August, 10% reported sales were even, and 34% said sales were below year-ago levels.