The CCI score registered at 74, showing that contractors are feeling better than they were 12 months earlier, when the CCI was 69.
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 higher reflects anticipated growth.
ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010. The CCI is released prior to the start of each month; the next index number was set to be released during the last week of February.
Publication date: 3/16/2015