Contractors Start 2014 Feeling Positive About Short-Term Growth - IE3: Business Tools for HVAC & Plumbing Contractors  

Contractors Start 2014 Feeling Positive About Short-Term Growth

The January Contractor Comfort Index (CCI) shows that contractors are continuing to have a positive outlook about short-term growth. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010.

For January 2014, the CCI is 69. The CCI also shows that contractors are feeling better about short-term growth than they were 12 months earlier when the CCI was 60.

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 February.

Melissa Broadus

Editor at IE3
Melissa Broadus is editor of IE3 Magazine and its associated websites. She also serves as Director of Communications for ACCA.

Melissa Broadus

Editor at IE3
Melissa Broadus is editor of IE3 Magazine and its associated websites. She also serves as Director of Communications for ACCA.

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