April 25, 2016
The April Contractor Comfort Index (CCI) shows that contractors' confidence in short-term growth is increasing as spring is heating up. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
For April 2016, the CCI is 82. The CCI also shows that contractors are feeling the same about short-term growth that they were 12 months earlier when the CCI was also 82.
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 is released prior to the start of each month; the next index number will be released during the last week of May.