ARLINGTON, Va. — The July Contractor Comfort Index (CCI) shows that contractors’ positive outlook about short-term growth remains high heading into the last full month of summer. For July 2014, the CCI was 76. The CCI also shows that contractors are feeling better than they were 12 months earlier, when the CCI was 71.
ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010. 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.
Publication date: 8/11/2014