Quikrete Industry Dashboard - (Week 19, 2025)
The Week 19, 2025 edition of the Quikrete Industry Dashboard shows the nationwide average price for a gallon of gas now sits at $3.14 -- four cents lower than last week. Last month’s average was $3.23, and pump prices remain down significantly compared to last year's nationwide average of $3.64 in mid-May 2024, according to AAA's daily data. California ($4.84), Hawaii ($4.50) and Washington ($4.26) remain the only states in the union with average gas prices exceeding $4 per gallon, while Mississippi ($2.64), Louisiana ($2.70) and Oklahoma ($2.72) have the cheapest average price for a gallon of gas right now.
Tariffs continue to dominate the headlines (as well as interest rates and general affordability concerns), with companies of all stripes still wondering what comes next. Despite the limbo and lack of clarity, retail sales grew in April as consumers continued snapping up goods in anticipation of higher prices, according to the CNBC/NRF Retail Monitor.
“Spending rose again in April, driven largely by consumers continuing to pull purchases forward to stay ahead of tariffs that will inevitably lead to higher prices,” NRF President and CEO Matthew Shay said. “Despite declines in confidence caused by the economic uncertainty that has come with tariffs, consumer fundamentals remain intact, supported by low unemployment, slower-but-steady income growth and solid household finances. Consumers maintain their ability to spend and have strong reasons to spend now before tariffs can drive up prices or cause shortages on store shelves.”
In building materials industry financial news, Week 19 saw the release of HBSDealer's 10-Q review, which sheds light on how major players are faring so far in 2025. The 10-Q review shared bright spots -- with Armstrong World Industries up 17.3 percent in its first quarter and Owens Corning up 25.4 percent -- "but the median sales change for the 22 companies that have reported so far is negative 1.45 percent."
As for stocks, several companies bounced back with positive momentum for the first time in weeks. Month-over-month, PPG (+5.9%), Sherwin-Williams (+4.6%), Home Depot (+1.8%) and Lowe's (+0.5%) rose. Year-over-year, however, every stock monitored on the Dashboard except Home Depot (+6.5%) has dipped. Builders FirstSource's stock is down 34% compared to this time last year.
See the up-to-the minute stock prices of 30 industry companies tracked by HBSDealer here.
