The building materials market remains resilient, bolstered by robust government spending on construction, declining interest rates, and a positive economic outlook. Amid this construction surge, investing in fundamentally strong stocks like Owens Corning (OC), Apogee Enterprises, Inc. (APOG), and Griffon Corporation (GFF), could be a wise choice.
Given the substantial demand for materials in construction activities, the building material industry stands to gain from significant infrastructure investments. U.S. construction starts are forecasted to grow by 8.5% in 2025, with non-residential starts rising by 6.9% and residential buildings surging by 12%. Notably, manufacturing construction is expected to rebound after declines in 2023 and 2024.
