Quikrete Industry Dashboard - (Week 15, 2025)
The Week 15, 2025 edition of the Quikrete Industry Dashboard shows U.S. average gas prices at $3.21, a big bump from last month’s $3.08. However, prices at the pump are still down compared to last week ($3.26) and much lower than last year's nationwide average of $3.63 in mid-April 2024, according to AAA's daily data. California ($4.91), Hawaii ($4.52) and Washington ($4.38) hold the dubious distinction of having the highest average gas prices in the U.S., while Mississippi ($2.73), Tennessee ($2.74) and Oklahoma ($2.76) have the cheapest average pump prices right now.
Week 15 was punctuated by more economic turmoil and wild stock market swings. While President Trump's 90-day pause on the previously announced reciprocal tariffs fueled a market rally, lingering uncertainty continues to cloud planning, pricing and project management. This week's Commerce Department announcement, which shared plans to potentially more than double duties placed on Canadian softwood lumber, adds another layer of uncertainty for builders and LBM pros. As we shared earlier this week, the NLBMDA weighed in on the situation:
" 'While lumber has, for now, been spared from additional tariffs for USMCA-compliant goods from Canada and Mexico, the new duties proposed by the Commerce Department will pass down increased costs to consumers and impact small business growth.' It adds that additional tariffs may still be in the cards and are subject to the whim of President Trump's orders. NLBMDA says it has submitted formal comments to the Commerce Department, making the case that additional tariffs on Canadian lumber 'would be duplicative in nature and counterproductive to the administration’s broader policy objectives.' "
The NAHB has also shared similar anti-tariff sentiments, noting that Canada accounts for approximately 85 percent of all U.S. softwood lumber imports and accounts for nearly 25 percent of the available supply in the U.S.
The U.S. Lumber Coalition, meanwhile, continues to share an opposing view:
“Unfair trade by Canada to the tune of 34.45 percent in the U.S. softwood lumber market substantiates yet again the everyday egregious harm to the U.S. industry by Canada’s abusive dumping and subsidies practices. These unfair trade practices are designed by Canada to maintain an artificially inflated U.S. market share for Canadian products and force U.S. companies to curtail production, thereby killing U.S. jobs."
In building materials industry stock news, Beacon (+25.6%), Home Depot (+4.3%), Sherwin-Williams (+4%) and Tractor Supply (+3%) are the only stocks on our list that are up over the course of the last year. Over the past month, every stock monitored on the Dashboard except Beacon (+3.7%) took a dip. Stanley Black & Decker's stock took the sharpest drop (-32.3%) over the past month.
See the up-to-the minute stock prices of 30 industry companies tracked by HBSDealer here.
