6 days ago
- Business
- Wall Street Journal
Angi Inc. Raises Full-Year Forecast as Hiring Trends Strengthen
Angi Inc. ANGI -3.81%decrease; red down pointing triangle Chief Executive Jeff Kip says the home-services market is showing signs of improvement, boosted by more homeowners hiring contractors in the recent quarter.
'We definitely saw a weakening in the hire rate in April,' Kip said Tuesday. 'But then we saw May stabilize, and then we actually saw growth in hire intent and actual hiring in June.'
