Quikrete Industry Dashboard
A volatile Stock Roundup, and a steady employment report.
The latest version of the Quikrete Industry Dashboard shows 10 out of 10 hardware and building supply stocks in non-positive numbers on a monthly basis. TSCO finished right on the line between positive and negative.
Elsewhere, the unemployment numbers, released Friday, once again painted a positive picture of the jobs situation and the economy. The unemployment rate held steady at 3.5%. In 2019, job growth averaged 178,000 per month.
“Another fabulous month of job creations in America,” said Lawrence Yun, chief economist of the National Association of Realtors. “However, this data is before convention and travel cancellations by many businesses as a precautionary measure against coronavirus spread.”
Gas prices continue to hover in the $2.40 per gallon range (for regular), according to the American Automobile Association.
Housing starts for February will be released March 18.
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