ACCA CCI Remains Positive
For August, the CCI is 60. The CCI also shows that contractors are feeling better about growth than they were 12 months earlier when the CCI was 53.
ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010. It 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.
Publication date: 10/8/2012