Contractors Remain Positive
May 16, 2011
ARLINGTON, Va. - The April Contractor Comfort Index (CCI) shows that contractors continue to have a positive outlook for short-term growth in 2011. For April 2011, the CCI is 69. 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 Air Conditioning Contractors of America (ACCA) began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
For more information, visit www.acca.org.
Publication date: 05/16/2011