The recovery in the housing market has helped spark an upturn on spending on home goods and materials.

When a house is underwater with more owed on the mortgage than the residence is worth, homeowners usually limit spending to emergency repairs. But with home sales and prices on the upswing, Americans are investing to improve their homes.

That's helped give a nice lift to home furnishing retailers. Privately held retailers of home-related goods and materials are seeing strong sales growth, according to new data from Sageworks, a financial information company.
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Source: Investors Business Daily