Building Products - Coverage Report Q1 2019

Published on: 01/02/2019

Strong macroeconomic fundamentals, including the nine-year expansion of the US economy, low unemployment, and high consumer confidence levels, drove healthy industry activity in the Building Products space in 2018. In Q2, the Associated Builders and Contractors’ Construction Backlog Indicator hit a historic high of 9.9 months and has since remained above 9.0 months, indicating strong levels of construction activity in the coming months.1 While demand for construction activity exists, increasing material prices and the shortage of construction workers (currently exacerbated by the constricted US job market) are potential restraints to overall industry expansion.

Key Contacts

Darin Good

Managing Director

Brian Krehbiel

Senior Vice President

Crista Gilmore

Vice President

Dominic Cervi

Vice President