In the latest update on the construction materials industry, the AVP Pulse Index experienced a noticeable drop of -0.4% for the month, punctuating the recent trend of a flattening line in the Index. Nevertheless, it continues to gain ground with steady, but not overly strong, year-over-year growth of 3.5%, down from 3.8% last quarter. Over the past 36 months, the index increased 14.0%; this stands in contrast to this same period last year, when the 36-month lookback showed a growth rate of 21.8%.
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AV The Pulse Quarterly Sept 2024