For January 2016, the CCI scored a 76. The CCI also shows that contractors are feeling about the same regarding short-term growth that they were 12 months earlier, when the CCI was 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: 3/21/2016