Quikrete Industry Dashboard
The big story on the latest edition of the Quikrete Industry Dashboard is the sharp decline in March for housing starts, deflating momentum of residential construction that had been building up in the previous three months.
Click image to enlarge.
Total housing starts dropped 22.3% from February to a seasonally adjusted annual rate of 1,216,000. However, starts were 1.4% ahead of the pace from March of 2019.
Gas prices continue their slide. The national average for a gallon of regular unleaded is down a full dollar from a year ago, according to the latest data from the American Automobile Association.
And stocks continue their volatility, with many stocks up double digit percentages for the month, and down double digit percentages for the year.
The National Association of Realtors will release existing home sales data on April 21.
Click image to enlarge.Total housing starts dropped 22.3% from February to a seasonally adjusted annual rate of 1,216,000. However, starts were 1.4% ahead of the pace from March of 2019.
Gas prices continue their slide. The national average for a gallon of regular unleaded is down a full dollar from a year ago, according to the latest data from the American Automobile Association.
And stocks continue their volatility, with many stocks up double digit percentages for the month, and down double digit percentages for the year.
The National Association of Realtors will release existing home sales data on April 21.