April 29, 2014: HVAC Contractor Economic Index Reaches Highest Level Ever
CCI Is Up Eight Points from March, 10 Points from a Year Ago
ARLINGTON, Va. — ACCA announced that its Contractor Comfort Index (CCI) has reached 81 for April, the highest the CCI has ever been in the four years the association has tracked contractors’ opinions on short-term economic growth. The CCI is up from 73 in March.
The April CCI also shows that contractors are feeling substantially better about short-term growth than they were 12 months ago when the CCI was 71.
The CCI is calculated based on a survey of ACCA’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.
For more information, visit www.acca.org.
Publication date: 4/28/2014