Quikrete Industry Dashboard
The latest update of the Quikrete Industry Dashboard shows a dramatic shift in Consumer Confidence compared to a year ago.
The Conference Board’s index for July stands at 92.6, down slightly from June, but way down from the peak of 2019, when it reached 135.9.
Here’s how the Conference Board’s Lynn Franco, senior director of economic indicators at the Conference Board explained it: “The Present Situation Index improved, but the Expectations Index retreated. Large declines were experienced in Michigan, Florida, Texas, and California, no doubt a result of the resurgence of COVID-19.”
Meanwhile, all 10 hardware and building supply stocks on the Stock Roundup are up for the year. Leading the charge is LOW, up more than 40%.
Next up: The U.S. Bureau of Labor Statistics will publish the Employment Situation report for July on Aug. 7.