ARLINGTON, Va. — ACCA’s March Contractor Comfort Index (CCI) shows that contractors are feeling positive about short-term growth at the end of the first quarter of 2016.

For March 2016, the CCI scored a 79. The CCI also shows that contractors are feeling the same about short-term growth than they were 12 months earlier when the CCI also scored a 79.

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: 5/16/2016 

Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!