The December CCI also shows that contractors are feeling substantially better about short-term growth than they were 12 months ago when the CCI was 52.
The CCI is calculated based on a survey of the association’s HVAC contractor members, who are asked how positive they feel about new business prospects, existing business activity, and expected staffing decisions in the short-term future. Weighted and averaged into one number, a CCI of 50 or above reflects anticipated growth.
For more information, visitwww.acca.org.
Publication date: 12/30/2013
Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!
