Home Depot says homeowners are holding back over concerns about 'housing affordability and job losses'
Continued uncertainty is the number one reason Home Depot customers say they aren't investing in large projects, CEO Ted Decker said. Justin Sullivan/Getty Images Home Depot continues to weather sluggish sales as part of a larger home improvement slump. Customers tell the company they're delaying moves and renovations over financial worries. "Hopefully we're bouncing along the bottom of turnover," CEO Ted Decker said of the housing market. It's hard to commit to financing a new home or renovation project if you're not sure you'll have a job to pay for it. Economic concerns like job losses and overall affordability continue to weigh on home improvement retailers, including Home Depot, which reported nearly flat comparable sales growth for both the quarter and full fiscal year on Tuesday. "Continued consumer uncertainty: That's still the number one reason why people are telling us, our customers are telling us that they're not in...