July 22, 2025 – The AVP Pulse Index this month rose 1% month-over-month, while increasing 3.2% year-over-year; and 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 is updated monthly or quarterly.
“In a sign that tariff worries may be in the rearview mirror, the AVP Pulse Index turned the corner and reflected gains instead of losses,” stated Pierre Villere of Allen-Villere Partners. “The Index was up +1.0% this month, turning the chart to an upward trajectory, albeit ever so slight. The turnaround was driven in part by big jumps in the Dodge Data Momentum Index (+6.7%) and the Architectural Billings Index (+9.3%), both harbingers of projects and backlog that lies ahead. It is worth repeating that the AVP Pulse Index is a trend measure, like an arrow, albeit a crooked one; it measures a rolling 36-month period that points up or down depending on the direction of the construction industry.”
The latest edition of The Pulse, the quarterly economic report from Allen-Villere Partners and Rock Products, can be viewed here.
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