ARLINGTON, Va. — ACCA’s August Contractor Comfort Index (CCI) shows that contractors are feeling positive about their short-term growth prospects as summer draws to a close.
For August 2016, the CCI scored a 79. This score shows that contractors are feeling about the same as they were 12 months ago, when the CCI registered at 78.
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.
Publication date: 10/10/2016