A confluence of events around the housing market seems to portend that America’s shortfall in available homes will persist. Certainly, the higher interest rates of the past two years have made it harder to qualify for a mortgage, coupled with housing prices that just seem to continue to rise, even in the face of the headwinds of higher interest rates,…
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The AVP Pulse Index for January
Jan. 18, 2024 – The AVP Pulse Index this month rose 2.4% month-over-month, while increasing 5.5% 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. “The monthly Index further enforces…
Read MoreWelcome to 2024
Happy New Year, and welcome to 2024. I hope this is a banner year for all of us and we see much success up ahead in the aggregates industry. Public highway, pavement and street construction is expected to grow by double digits for the second consecutive year, increasing 16% to $126 billion in 2024 from $108.6 billion in 2023, according…
Read MoreFirst Look – January 2024
TOP NEWS Granite Granite Construction announced the acquisition of Lehman-Roberts Co. and Memphis Stone & Gravel Co., longstanding asphalt paving and asphalt and aggregates producers and suppliers. Silvi Materials Shipping sand products to Brooklyn, N.Y., and the five boroughs of Manhattan is a challenge. But Silvi Materials now has a new high-quality, cost-effective solution, launching barges from a new port located about…
Read MoreThe AVP Pulse Index for December
Dec. 27, 2023 – The AVP Pulse Index this month rose 0.6% month-over-month, while increasing 3.8% 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. “With our proprietary algorithm, a…
Read MoreTHE PULSE
By Allen-Villere Partners THE PULSE: CONSTRUCTION MATERIALS MARKET ANALYSISThe Federal Reserve raised its benchmark rate 11 times to cool inflation, with the last rate increase in July. Most recently, the Federal Reserve held rates steady in December for the third straight time and acknowledged a possibility of three rate cuts in 2024. PIERRE VILLERE’S MARKET ASSESSMENTThe final quarter of the…
Read MoreThe Quarry & Aggregates (Q&A) Forum
Rock Products Presents The 2023 Quarry And Aggregates (Q&A) Forum: Industry Thought Leaders Open Up About The Aggregates Industry, Market Conditions, Artificial Intelligence And More. By Mark S. Kuhar and Josephine Patterson Each year, Rock Products reaches out to industry thought leaders to get their take on the aggregates industry. In this feature, manufacturers and service providers comment on the…
Read MoreThe AVP Pulse Index for November
Nov. 21, 2023 – The AVP Pulse Index this month dropped 0.7% month-over-month, while increasing 2.9% 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. “I get asked what the…
Read MoreThe AVP Pulse Index for October
Oct. 19, 2023 – The AVP Pulse Index this month dropped 1.4% month-over-month, while increasing 4.4% 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. “The previously flattened…
Read MoreThe Pulse: The Economy will Continue to Remain Steady
The economy will continue to remain steadily apace, interest rates will stabilize and possibly as early as sometime next year, look for another broad economic expansion that will be a boon to construction aggregates, according to the latest edition of The Pulse, the quarterly economic report from Allen-Villere Partners and Rock Products. The Pulse is the construction-materials industry’s premier economic…
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