April 26, 2011: Contractors' Economic Outlook Is Increasingly Positive
April 26, 2011
ARLINGTON, Va. - The Air Conditioning Contractors of America (ACCA) announced its April Contractor Comfort Index (CCI), which shows that contractors continue to have an increasingly positive outlook for short-term growth. For April 2011, the CCI is 69. For March 2011, the CCI was 62, while the February 2011 CCI was 60.
The results also show that contractors are feeling more confident in April 2011 than they were 12 months earlier when the CCI was 65.
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.
The CCI is released prior to the start of each month; the next index number will be released during the last week of May.
For more information, visit www.acca.org.
Publication date: 04/25/2011