ACCA contractors anticipate economic growth
In a recent survey of members, the Air Conditioning
Contractors of America found that contractors are expecting future short-term
growth. For the second consecutive month, the ACCA’s Contractor Comfort Index increased,
gaining three points in November.
The CCI for November is 65, up from 62 in October. According to ACCA representatives, the index continues to show that contractors anticipate short-term growth. In its first 10 months, the CCI has increased 18 percent.
The ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February of this year. 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.
The CCI for November is 65, up from 62 in October. According to ACCA representatives, the index continues to show that contractors anticipate short-term growth. In its first 10 months, the CCI has increased 18 percent.
The ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February of this year. 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.
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