Lowe's 2006 Annual Report Download - page 54

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WHAT ELSE HAS CHANGED
IN 60 YEARS?
e population in the United States has more than doubled from approximately
130 million to more than 300 million.
e proportion of the U.S. population age 65 and older has increased from 7% to
more than 12%.
e average U.S. household size has decreased from approximately
3.7 to 2.6 persons.
Approximately 50% of the U.S. population resides in suburban areas
compared with less than 15% 60 years ago.
e U.S. population has moved away from being a nation of renters to homeowners.
e homeownership rate in the U.S. is at near-record levels of almost 70%.
Source: U.S. Census Bureau
LOWE’S VISION
We will provide customer-valued solutions
with the best prices, products and services
to make Lowes the rst choice
for home improvement.
Lowes Companies, Inc.
1000 Lowes Boulevard
Mooresville, NC 28117
www.Lowes.com 002CS-14164