Quikrete Industry Dashboard
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The latest weekly update of the Quikrete Industry Dashboard is quiet on the residential construction front, but there’s a lot of movement on the Stock Roundup and the gas price dial.
Compared to a week ago, more companies on the Stock Roundup have edged into positive territory on an annual basis, thanks to three consecutive days of gains. But Wall Street remains on edge.
With stay-at-home orders commonplace around the country, demand for gasoline has tanked. The average price for a gallon of regular has fallen to $2.05, down from $2.47 last month and down from $2.67 last year.
Coming soon: updates on Consumer Confidence and unemployment are expected March 31, and April 3, respectively. Affecting both will be the related news on initial jobless claims – which soared this week.