The latest version of the Quikrete Industry Dashboard reveals updates on gas prices, stock prices and the Consumer Confidence Index.
Two of the three are down, while the third is up and down.
Looking first at the HBSDealer Stock Roundup, Home Depot and Lowe’s were the lone stocks tracked by the dashboard showing gains for both the year and the month. In the opposite quadrant of the chart, Weyerhaeuser and Stanley Black and Decker show declines for the year and the month.
Gas prices, as tracked by the American Automobile Association, are down nine cents from the month-ago reading. And the national average price of a gallon of regular is down six cents from a year ago.
Also on the Quikrete Industry Dashboard, the Conference Board Consumer Confidence Index dipped in June to 100.4 (1985=100), down from 101.3 in May.
Meanwhile, the Present Situation Index, based on consumers’ assessment of current business and labor market conditions—increased to 141.5 (1985=100) from 140.8 last month.
However, the Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—fell to 73.0 (1985=100) in June, down from 74.9 in May. The Expectations Index has been below 80 (the threshold which usually signals a recession ahead) for five consecutive months.