The December CCI also shows that contractors are feeling substantially better about short-term growth than they were 12 months ago when the CCI was 52.
The CCI is calculated based on a survey of the association’s HVAC 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.
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Publication date: 12/30/2013