The Contractor Comfort Index (CCI) for May shows that contractors are
feeling more confident about short-term growth than at any other point
since ACCA started surveying its members in February 2010.
For May 2012, the CCI is 70. The CCI also shows that contractors are
feeling more confident than they were 12 months earlier when the CCI was
66. This is the first time in three years that the CCI has reached 70.
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 June.
The ACCA is a non-profit association serving more than 60,000
professionals and 4,000 businesses in the HVACR community, who work
together to promote professional contracting, energy efficiency, and
healthy, comfortable indoor environments for all Americans. For more
information, visit www.acca.org.