Contractors Anticipating A Slow Down In Short-Term Growth According To CCI

The Contractor Comfort Index (CCI) for December shows that contractors are feeling short-term growth slowing at the end of 2012. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.

For December 2012, the CCI is 52. The CCI also shows that contractors are feeling about the same as they were 12 months earlier when the CCI was 53.

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.

ACCA is a non-profit association serving more than 60,000 professionals and 4,000 businesses in the indoor environmental and energy services community. Founded more than 40 years ago, today ACCA sets the standards for quality comfort systems, provides leading-edge education for contractors and their employees, and fights for the interests of professional contractors in every state in the country. Learn more about ACCA here.

Related News: Contractor Comfort Index

 
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