ACCA’s CCI Up For January
For January 2013, the CCI is 60. The CCI reveals that contractors are feeling a little better than they were 12 months earlier when the CCI was 56.
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. Weighed 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. The report is released prior to the start of each month.
Publication date: 3/11/2013