September 29, 2015
The September Contractor Comfort Index (CCI) shows that contractors’ outlook on short-term growth is remaining positive as contractors head into fall. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
For September 2015, the CCI is 74. 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 75.
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 October.