The economy’s been hurting everyone, but in particular Home Depot has been feeling it.  They’ve noticed that most people are waiting to do big home remodeling projects until the economy shows a marked improvement.

People are still spending money on their small home improvement stuff, just doing little do-it-yourself project to improve the energy efficiency in their homes (and drop utility costs).

Business Week has a detailed article talking about Home Depot’s position on the situation, but it’s interesting to see how the big boys are dealing with home improvement in this economy.