February 29, 2016
The February Contractor Comfort Index (CCI) shows that contractors are continuing to feel positive about short-term growth in the first quarter of 2016. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
For February 2016, the CCI is 76. 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 77.
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 March.