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.
“Last quarter, I indicated a remarkable upward trajectory in our Index since its bottom in the spring of 2020, during the height of the COVID lockdown. Since then, it has been on a march upward in a very steady fashion, but I cautioned then that there was a trend towards a flattening of the index line,” stated Pierre Villere of Allen-Villere partners. “My view remains: when interest rates stabilize and inflation is tamed, possibly late in 2024, get ready for another broad economic expansion, and the boom times it will bring.”
The latest edition of The Pulse, the quarterly economic report from Allen-Villere Partners and Rock Products, can be viewed here.
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