The latest update of the Quikrete Industry Dashboard, HBSDealer’s weekly snapshot of major market metrics, shows the share price of Builders FirstSource (BLDR) continues to march higher in the month of May.
While many stocks saw slight gains or losses from the previous month, BLDR topped the $100 mark starting the month of May and has hit the $117 mark as of May 11, a 27% increase month to month and an 86% jump from one year ago. Also, Masco Corp is up 8% since this date last month.
[Related article: Read the report on softwood lumber.]
In the Consumer Watch segment, the average price per gallon of regular gas fell to $3.54 compared to $4.42 on this date last year, reported the American Automobile Association.
In other Consumer Watch news, the unemployment rate for April was at 3.4%, and the consumer confidence indicator was at 101.3 for April, as reported by the U.S. Labor Department and the Conference Board.
Coming next week: NAICS 444 data for April will be released May 16. That will be followed by the Residential Construction report on May 17, and the Existing-home sales report on May 18.