Skip to main content

Quikrete Industry Dashboard: sales & stocks

The latest version of the Dashboard has a good mix of gains and declines.
9/14/2023

The latest Quikrete Industry Dashboard has a variety of ups and downs.

Consider:

• Total starts are from June, but down from July.
• Single-family starts are up from June, but down from July.
NAICS 444 sales are up from July, but down from a year ago.
• NAICS 44413 sales are up from a year ago, but down from June.
• And perhaps the most dramatic up-and-down: shares of Builders FirstSource are up 143 percent from a year ago, but down 11 percent from last month.

These numbers are supplemented by data from the national Retail Federation showing that core retail sales in August were up a mere 0.1% from July, and up 3.3% year-over-year, according to the National Retail Federation, whose calculation excludes automobile dealers, gasoline stations and restaurants. In July, sales rose 0.7% month-over-month and increased 3.3% year-over-year.

“NRF’s numbers show the pace of retail growth cooled from July but that consumers are still active even as they continue to be selective and price sensitive,” said NRF chief economist Jack Kleinhenz said. “Households have the capacity to spend, but momentum is slowing, in part because savings built up during the pandemic are running lower and credit costs are rising.”

Elsewhere on the Quikrete Industry Dashboard: the average price for a gallon of regular gasoline, according to the tally by the American Automobile Association, stands at $3.86. That's up a penny from a month ago, and up 16 cents from the same time last year.

# # # 

Coming next: Residential construction data will be released Sept. 19, brining updates to the total starts and single-family starts charts. Existing home sales will be released on Sept. 21.

X
This ad will auto-close in 10 seconds