ACCA CCI Up in November
Index measures how positive HVAC contractors feel about new business prospects
ARLINGTON, Va. — The ACCA November Contractor Comfort Index (CCI) shows contractors are continuing to feel optimistic about short-term growth with one month left in 2015. For November 2015, the CCI scored a 75. The CCI also shows that contractors are feeling nearly the same about short-term growth as they were 12 months earlier, when the CCI scored a 74.
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.
ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
Publication date: 12/14/2015