Quikrete Industry Dashboard (Week 41)
The latest updated version of the Quikrete Industry Dashboard shows a remarkable run on Wall Street. All ten ticker symbols are up for the month and the year. And nine out of ten are up a double-digit percent for the year.
Shares of Masco (MAS) and Builders FirstSource (BLDR) were the year-over-year leaders on the stock chart, up 57.6 percent and 52.6 percent, respectively. On a monthly basis, Beacon (BECN) and Builders FirstSource led the field. They were up 13.3 percent and 12.2 percent, respectively.
Elsewhere on the Dashboard, the American Automobile Association’s tally of gas prices shows the average price of a gallon of regular is $3.21. That’s down from $3.25 a month ago, and down from $3.66 a year ago.
Those updates are layered over August’s gains in residential construction. Total starts for August were at a seasonally adjusted annual rate of 1.356 million, up 9.6 percent from a weak 1.237 million in the month of July. Total starts were also up 3.9 percent from a year ago.
Single-family starts were up 15.8 percent in August, the most recent month of available data, compared to the previous month.
