Oct. 10, 2014: Construction Confidence Index Rises During First Half of 2014
Each Index Category Now Stands at a Post-Recession High
WASHINGTON — The Associated Builders and Contractors (ABC) announced that its Construction Confidence Index (CCI) increased across all three indices in the first half of 2014. The CCI reflects construction industry prospects using three measured categories — revenues, profit margins, and hiring. Each index now stands at a post-recession high, indicating that nonresidential construction’s recovery, already robust, is positioned to continue into the year ahead.
During the first six months of 2014 (readings above 50 indicate growth):