The National Retail Federation celebrates strong numbers for September.
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The latest version of the Quikrete Industry shows sales updates for NAICS 444 through September and NAICS 44413 through August.
The results? A little complicated, but here’s the explainer.
• NAICS 444 – Building material and garden equipment and supplies dealers – are up 6.2% compared to the year ago period, but down compared to the previous month.
• NAICS 44413 – Hardware stores – are essentially flat compared to the same month a year ago, and down 3% from the previous month.
The overall retail sales stats released by the U.S. Census Bureau Friday showed a 0.7% gain from the previous month and a 13.9% increase above September 2020.
The National Retail Federation celebrated the growth.
“Today’s retail sales data confirms the sheer power of the consumer to spend, and we expect this to continue,” NRF President and CEO Matthew Shay said. “Despite persistent challenges related to the global pandemic, supply chain and labor shortages, retailers and their partners have shown resilience and ingenuity in getting the workforce, goods and systems in place to serve their customers and the communities where they operate.”
Elsewhere on the Quikrete Industry Dashboard, all 10 ticker symbols remain in positive territory for the year, led by BLDR, up 67.5%.
Gas prices are also up big. The latest tally from the American Automobile Association puts the average price for a gallon of regular at $3.31, up from $2.18 a year ago.
Coming next: Housing starts will be released Oct. 19.