Business leaders across all sectors, including construction materials, are still navigating the tough environment of high inflation and labor shortages. But materials price increases and a construction backlog bode well for the market, according to the latest edition of The Pulse, the quarterly economic report from Allen-Villere Partners and Rock Products.
Read MoreTag: Allen-Villere Partners
The AVP Pulse Index for March
March 29, 2023 – The AVP Pulse Index this month dropped 1.2% month-over-month, while increasing 2.4% year-over-year. The proprietary AVP Pulse Index – a joint effort between mergers and acquisition advisors Allen-Villere Partners, and Rock Products – illustrates the health of the industry in one single trend line, using relevant data that is updated monthly or quarterly.
Read MoreA Peek Behind the Employment Curtain
Last month, I wrote about the stabilizing inventory issue across all goods, the unclogging of supply chains and the general normalization to pre-pandemic times. This is a welcome change for consumers that points to the supply chain recovery being firmly in place, with COVID receding into the rearview mirror. But given the headlines and sound bites we are surrounded with…
Read MoreThe AVP Pulse Index for February
Feb.20, 2023 – The AVP Pulse Index from Rock Products and Allen-Villere Partners this month indicates a slight dip for the first time in this three-month measurement period, reflecting a very small, 0.7% pullback. This is such a small amount, it has little impact on the construction economy and may have been related to weather and seasonality in the period. Allen-Villere Partners…
Read MoreIntroducing the AVP Pulse Index
Dec. 28, 2022 – Rock Products has debuted “The Pulse,” a new construction industry economic report; and the AVP Pulse Index, a joint effort with mergers and acquisition advisors Allen-Villere Partners. According to Pierre G. Villere, chief author of the report, the Index shows a remarkable upward trajectory since its bottom in the spring of 2020, during the height of the COVID lockdown.…
Read MoreThe Pulse
Announcing the New Rock Products/Allen-Villere Partners Construction Materials Report and AVP Pulse Index. By Pierre G. Villere This month marks the launch of The Pulse and the AVP Pulse Index, a joint effort between mergers and acquisition advisors Allen-Villere Partners, and Rock Products, the aggregates industry’s leading source for market analysis and technology solutions. The Pulse will appear quarterly in…
Read MoreMixed News Continues to Confuse Economic Outlook
All manner of economic indicators once again have us puzzled as to what direction the economy is headed and far too many continue to raise doubts that we are headed for a recession. Yes, there are some headlines regarding layoffs in the tech industry that appears to be a re-balancing of employment numbers that have just reflected unbridled growth at…
Read MoreThe Housing Affordability Challenge
Last month, I wrote about a recent report issued by the National Association of Home Builders/Wells Fargo Housing Opportunity Index, also known as the “HOI,” which showed that just 54.2% of new and existing homes sold between the beginning of October and end of December were affordable to families earning the U.S. median income of $79,900. This is down from…
Read MoreThe Housing Boom I Expected
by Pierre G. Villere Back as far as 2014, as we were slowly and painfully climbing out of our economic lows, I was making my usual round of presentations to industry associations around the country, and I was gazing intently into my crystal ball and trying to understand the future of the housing market.
Read MoreA Foreclosure Crisis? Not Likely
By Pierre G Villere Chicken Little. It drives me crazy when down-in-the-mouth pundits try to scare the public with pronouncements about pending doom.
Read More