The Quikrete Industry Dashboard

The latest Quikrete Industry Dashboard includes updates from Wall Street ant the gas pump.

All ten ticker symbols tracked on the Stock Roundup are in positive territory for the year. The leader remains Builders FirstSource, up more than 120 percent from a year ago. Beacon, Sherwin-Williams and Masco are each up more than 30 percent. 

Meanwhile, gas prices are holding steady compared to the prior month. The latest tally from the American Automobile Association puts the average price for a gallon of regular gas at $3.15.

Elsewhere on the Dashboard, residential construction is shown to be dipping in December.

The latest residential construction report, from U.S. Census Bureau and the U.S. Department of Housing and Urban Development, shows single-family housing starts fell 8.6% to a rate of 1.027 million below the revised November figure of 1.124 million. 

The December rate for units in buildings with five units or more was 417,000, climbing 7.5% above the prior month.

Total housing starts for 2023 were 1.41 million, a 9% decline from the 1.55 million total from 2022. Single-family starts in 2023 totaled 945,000, down 6% from the previous year while multifamily starts in 2023 totaled 469,000, down 14.4% compared to the previous year. 

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Coming next: The Advanced Monthly Retail Sales report with estimates for NAICS sales will. be released Feb. 15. On the next day, the Residential Construction Report will be released for the month of January.