The AVP Pulse Index this month dropped 0.5% month-over-month, while increasing 2.1% year-over-year; and 13.9% 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.
“A big swing to the negative in the Dodge Momentum Index (-6.3%) and the Construction Backlog Indicator (-2.4%) served to significantly downdraft last month’s indicators,” stated Pierre Villere of Allen-Villere partners. “Please note that several of the Federal indices that are included in our algorithm were still not available at press time as they are still in catch-up mode from the shutdowns, so once again, the Pulse Index has been driven by a much smaller number of inputs to our model.”
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