Quikrete Industry Dashboard
The latest version of the Quikrete Industry Dashboard has updates across the “Consumer Watch,” where gas prices and the unemployment haven’t budged compared to the prior month, and Consumer Confidence jumped significantly.
Here’s how Lynn Franco, senior director of economic indicators at The Conference explained the Consumer Confidence Index. “After a sharp decline in June, driven by an escalation in trade and tariff tensions, Consumer Confidence rebounded in July to its highest level this year. Consumers are once again optimistic about current and prospective business and labor market conditions. In addition, their expectations regarding their financial outlook also improved. These high levels of confidence should continue to support robust spending in the near-term despite slower growth in GDP.”
Meanwhile, the HBSDealer Stock Roundup is trending toward the negative quadrants, with the exceptions of Home Depot and Sherwin-Williams.
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