July 5, 2016
The June Contractor Comfort Index (CCI) shows that contractors are continuing to feel positive about short-term growth at the mid point of the year. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.
For June 2016, the CCI is 86. The CCI also shows that contractors are feeling about the same as they were 12 month earlier when the CCI was 85.
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.