The Quikrete Industry Dashboard

In the latest Quikrete Industry Dashboard, housing starts showed little traction in October.

The latest Monthly New Residential Construction report saw total housing starts move up by just 1.9% compared to the prior month as single-family starts were nearly flat (+0.2%).

Housing permits were sluggish as well, with total permits increasing just 1.1% in comparison to September figures. Single-family permits were nearly flat as well (+0.5%).

The report followed the latest National Association of Home Builders/Wells Fargo Housing Market Index, which saw home builder confidence decline by six points.

On Wall Street, Builders FirstSource (BLDR) and Beacon (BECN) continue to demonstrate the biggest gains on a year-over-year basis. At the close of the Stock Market of the Stock Market on Nov. 16, shares of BLDR were up more than 107% from a year ago with BECN stocks demonstrating 37.7% growth from a year ago. 

Also, shares of Sherwin-Williams (SHW) continue to rise steadily and are 25% ahead of their price last year.

The national average price for a gallon of regular gasoline continues to dip. As of Nov. 17, the price per gallon stood at $3.33 compared to $3.58 a month ago and $3.73 on Nov. 17, 2022.