The AVP Pulse Index for January

Jan. 20, 2025 – The AVP Pulse Index this month dropped 0.1% month-over-month, while increasing 5.9% year-over-year; and 11.4% over the past 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 Index line falls back to its flattened state, as we witnessed a decline of 0.1% over last month,” stated Pierre Villere of Allen-Villere partners. “This was driven by some major drags on the algorithm, including continued profit-taking in the Industry Stocks metric as investors rotate out of that hot sector (-8.0%).  Other downdrafts occurred in Housing Starts (-1.8%) and the Construction Backlog Indicator (-1.2%).  But strengthening in other indicators bodes well for the months ahead, as the Dodge Momentum Index made an incredibly strong leap (+10.2%) along with Construction Confidence Index (+0.3%).  Notably, the Pulse Index is up 5.9% year-over-year, and a very respectable 11.4% over the past 36 months.” 

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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