ARLINGTON, Va. — ACCA’s June Contractor Comfort Index (CCI) shows that contractors are continuing to feel positive about short-term growth at the mid-point of the year. For June 2016, the CCI scored an 86. The CCI also shows that contractors are feeling about the same as they were 12 months earlier when the CCI was 85.
The CCI is calculated based on a survey of the association’s 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.
ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
Publication date: 8/1/2016
Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!