August 19, 2024 – The AVP Pulse Index this month increased 1.1%, after several smaller 0.1% gains in both June and July. The Index continues to steadily increase with a year-over-year growth of 3.3%, while up 11.2% over the last 36 months. 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. “The Dodge Momentum Index and the Architecture Billings Index led the charge this month with significant gains. Industry stocks cooled off this month as expected profit-taking occurred after substantial gains earlier this year. As expected, the Index reflects a steady construction economy with the headlights continuing to point uphill,” stated Pierre Villere of Allen-Villere partners. The latest edition of The Pulse, the quarterly economic report from Allen-Villere Partners and Rock Products, can be viewed here. You can sign up to receive The Rock Report, the construction-materials industry’s only quarterly economic newsletter here. Anchored by The Pulse, The Rock Report is a one-stop shop aggregating the latest economic stories and markers impacting the construction-materials market.
