Lowe's says shoppers are sticking to small projects as the home-renovation slump drags on

Source: Business Insider

Lowe's customers are spending on small home-improvement projects, but staying away from more expensive renovations. Justin Sullivan/Getty ImagesLowe's customers continue to steer clear of pricey renovations amid elevated interest rates. The CEO pointed to small upgrades as a potential sign of "brighter days ahead" on an earnings call.