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Home Financial Reports

GovCon Index Rose for 5th Consecutive Week

by Ireland Degges
October 22, 2024
in Financial Reports, News
GovCon Index Rose for 5th Consecutive Week

Executive Mosaic’s GovCon Index rose by 2.00% last week, achieving its highest week-on-week gain since its December 2023 launch. This growth brought the average to $5,617.83.

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GovCon Index is an aggregate index that tracks and presents stock market data from 30 key government contracting enterprises in real time. This information offers users a look into the performance of individual GovCon organizations and allows them to evaluate broad trends shaping the industry today.

The Carlyle Group, which grew by 7.67%, was last week’s top gainer, and Fluor (+7.16%) followed closely behind. Curtiss-Wright (+4.78%) and Accenture (+4.28%) took third and fourth place, respectively, and Jacobs (+3.78%) secured the fifth spot in the ranks.

GovCon Index grew every day last week except Tuesday. GovCon Index recorded its highest growth day of the week on Wednesday, when it rose by 1.21%. These increases kept GovCon Index in positive territory for the fifth week in a row.

For more information on daily GovCon Index performance, check out last week’s market reports. To access the full list of tracked companies, visit GovConIndex.com.

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ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. We also aim to spotlight various federal government employees and interview key government executives whose impact resonates beyond their agency.

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