Quikrete Industry Dashboard
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The latest version of the Quikrete Industry Dashboard shows an increase in the Consumer Confidence Index.
Here’s what Lynn Franco, senior director of economic indicators for The Conference Board said about the 131.6 reading: “Consumer confidence increased in January, following a moderate advance in December, driven primarily by a more positive assessment of the current job market and increased optimism about future job prospects. Optimism about the labor market should continue to support confidence in the short-term and, as a result, consumers will continue driving growth and prevent the economy from slowing in early 2020.”
Elsewhere on the Dashboard, five companies have clustered around the middle of the Stock Roundup grid, while BLDR, BMC and HD show the biggest gains.
The Bureau of Labor Statistics will release its employment update and unemployment rate figures on Friday, Feb. 7.