Small businesses feel the pinch from slowing housing market

Carpenters, landscapers and other small businesses around the country lose out when fewer homeowners are renovating their properties.

NEW YORK — The chill in the housing market is rippling out to the carpenters, landscapers and other small businesses that lose out when fewer homeowners are renovating their properties.

Inflation was already causing some homeowners to delay big renovation projects as prices for building materials, fixtures and appliances jumped. More recently, higher mortgage rates have put a damper on the number of homes being sold.

RELATED: Inflation eases as consumer prices rise 6.3% in July

At the beginning of the year, carpenter Bill

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