The August Contractor Comfort Index (CCI) shows that contractors are remaining positive about short-term growth at the end of summer. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
For August 2014, the CCI is 76. The CCI also shows that contractors are feeling better 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 September.
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.