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08/19/2022

Quikrete Industry Dashboard

Stocks up, starts down, and other major industry metrics.
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Six consecutive months of existing-home sales declines and five consecutive months of single-family starts are striking elements of the latest update of the Quikrete Industry Dashboard.

As a seasonally adjusted annual rate, single-family starts fell below the one million mark for the first time since June 2020. 

As residential construction numbers decline, the Stock Roundup shows some significant monthly and annual gains for the majority of the ticker symbols tracked, with BLDR (up 41 percent) and BECN (up 30 percent) leading the pack on an annual growth basis.

The Dashboard also features fresh data from the U.S. Census Bureau, which reported that year to date sales for retailers classified as NAICS 444 - covering building material and garden equipment and supplies dealers, including hardware stores and lumberyards — were up 6.3 percent year-to-date. The unadjusted July estimate, $43.7 billion, was up from a year ago, but down from June. 

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Coming next: The New York-based Conference Board will release its closely watched Consumer Confidence Index on Aug. 30.

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