The AVP Pulse Index for July

July 18, 2024 – The AVP Pulse Index this month rose 0.1% month-over-month, while increasing 1.7% year-over-year, and 10.1% 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…

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A Desk of Their Own

Last month, I wrote about the push across America of the “Return-To-Office” (RTO) movement, and how “Work-From-Home” is slowly becoming less tolerable to employers. As I related last month, Walmart is laying off hundreds of white-collar jobs, and forcing others to relocate, many to their headquarters town of Bentonville, Ark. Others, like JP Morgan Chase, has a CEO in Jamie…

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First Look – July 2024

TOP NEWS TACA ConventionThe Texas Aggregates & Concrete Association (TACA) welcomed more than 600 attendees to its 70th Annual Meeting, June 12-14, at the JW Marriott San Antonio Hill Country Resort & Spa. The theme this year was “Preserving a Strong Foundation” – to support an enduring commitment to the environment, as well as fostering a workforce that will carry…

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The Pulse

THE PULSE: CONSTRUCTION MATERIALS MARKET ANALYSIS  PIERRE VILLERE’S MARKET ASSESSMENT In the latest update on the construction materials industry, the AVP Pulse Index experienced a modest increase of 0.1% for the month, but continues to gain ground with steady, but not overly strong, year-over­-year growth of 3.8%. Over the past 36 months, the index increased 10.5%, indicating a slight slowdown in…

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The AVP Pulse Index for June

June 24, 2024 – The AVP Pulse Index this month rose 0.1% month-over-month, while increasing 3.8% year-over-year.  The index is up 10.5% 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…

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A Return-to-Office is Coming

As I sit to write this month’s column, the Dow Jones Industrial Average has touched 40,000. Only the weeks ahead will determine if the average pushes through and trades up into the 40s permanently, or if profit-taking results in continued trading in the 39,000s, or even lower. Remember, this stands in stark contrast to the average’s 20-year low we experienced…

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First Look – June 2024

TOP NEWS Summit MaterialsSummit Materials, Inc. announced results for the first quarter ended March 30. Net revenue increased $366.0 million, or 89.9% in the first quarter to $773.2 million, including the partial quarter impact of the Argos USA assets. In the quarter, $378.5 million of revenue was recognized from recent acquisitions which more than offset a decrease of $21.7 million…

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The AVP Pulse Index for May

May 20, 2024 – The AVP Pulse Index this month rose 0.7% month-over-month, while increasing 5.5% year-over-year.  The index is up 10.7% 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…

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First Look May 2024

TOP NEWS WIA takes part in AGG1 Academy?On the first day of AGG1, Women in Aggregates (WIA) – formed by SEMCO Publishing, the parent company of Rock Products magazine – sponsored a successful AGG1 Academy session and networking mixer at the Music City Center in Nashville. The interactive “Finding the Next Generation of Women in the Aggregates Industry” panel featured…

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