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.
The Pulse will be published quarterly in Rock Products, and the AVP Pulse Index will appear monthly. Both will appear in the January 2023 issue of the magazine.
“For years, we have thought about developing an economic report featuring an ‘index’ that would track a number of widely regarded measurements and indexes in the various segments of our industry, that traces the progress of the aggregates industry, up or down,” said Pierre G. Villere, of Allen-Villere Partners, chief author of the report. “The Index shows a remarkable upward trajectory since its bottom in the spring of 2020.”
“This new report and index will fulfill a market need for a trusted voice analyzing economic conditions that are impacting the aggregates industry now and in the future,” said Rock Products Editor Mark S. Kuhar. “Pierre Villere, with 50 years of construction-materials knowledge, is just the person to provide that voice.”
In the initial Pulse Construction Materials Market Analysis, Villere issues a seven-point analysis of the current market and notes that AVP Pulse index is up 0.9% month-over-month and up 1.8% year-over-year.
“Despite the Chicken Littles who are beating the drum of a recession, I don’t see it in construction in 2023,” Villere stated in the new report.