January 4, 2016
The December Contractor Comfort Index (CCI) shows that contractors finished 2015 feeling positive about short-term growth. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
For December 2015, the CCI is 72. The CCI also shows that contractors are feeling about the same about short-term growth than they were 12 months earlier when the CCI was 71.
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 January.