Good news has come in for Home Economics viewers, as ABC has officially renewed the sitcom for a third season. Per Deadline, the series has been hovering in the ratings at around the 0.3 mark over the past several weeks. They have dipped a bit from the previous season, but apparently not to the point where ABC wasn't willing to order more episodes.

The news comes at a time when many networks have been carrying out what is essentially a massacre of television shows. At ABC, shows like Queens and Promised Land are coming to an end on the network, but several other shows survived. Home Economics was renewed alongside The Conners, Big Sky, A Million Little Things, and The Wonder Years. The network had previously renewed other popular programs like Abbott Elementary, The Rookie, The Good Doctor, Station 19, Grey's Anatomy, and The Goldbergs.

This announcement also follows the recent reports of star Topher Grace landing a part on another upcoming sitcom. He will reprise his role from That '70s Show as Eric Forman for That '90s Show, a spinoff series set in the 1990s. Almost all of the main cast of the original show will be back alongside Grace. The actor had previously cast doubt on his return by suggesting he has "a day job," referring to his role on Home Economics, but even with the show's renewal, the scheduling has worked out.

"It's on Netflix, and it's starring two of my great friends, Debra Jo Rupp and Kurtwood Smith, who played my parents, and a whole new group of kids. I know some of the writers that are on it, and I'm just like... I have a day job, unfortunately. But they are amazing people," Grace said.

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Home Economics Will Return

Meanwhile, Grace has stood out as one of the stars of the ensemble cast of Home Economics. The series also stars Caitlin McGee, Jimmy Tatro, Karla Souza, and Sasheer Zamata. The series follows three adult siblings and their families, with each sibling a part of the 1%, another in the middle-class, and another who's barely holding on.

Michael Colton and John Aboud created the series for ABC. The two also executive produce with Grace, Dean Holland, Eric Tannenbaum, Kim Tannenbaum, and Jason Wang. Jess Pineda and Kevin C. Slattery produce.

“We’re spending so much time together, probably more time together than we do with our real families during the season and they’re such a pleasure,” Grace has said of the camaraderie he has with his co-stars from the series, per “Actually, I don’t know if they are fanning out on me, but I am fanning out on them all the time!”

He added, “I’ve been on a dream team before, and I know how rare that is. There’s just such a feeling of family. You are supposed to lie as an actor, but over this many episodes you can’t lie, you actually have to love the people to portray that kind of thing.”

Season 2's finale of Home Economics will air on ABC on May 18, 2022. Season 3 doesn't yet have a premiere date.