Contractors’ Short-Term Outlook Remains Positive In June
The Contractor Comfort Index (CCI) for June shows that contractors are continuing to remain positive about short-term growth. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
For June 2012, the CCI is 68. The CCI also shows that contractors are feeling a little more confident than they were 12 months earlier when the CCI was 66.
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 July.
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