The AVP Pulse Index increased 1.1% this month, 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. 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.