January CCI Reaches 74
CCI of 50 or Higher Reflects Anticipated Growth
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