In a recent survey of members, the Air Conditioning Contractors of America found that contractors are expecting future short-term growth. For the second consecutive month, the ACCA’s Contractor Comfort Index increased, gaining three points in November.
The CCI for November is
65, up from 62 in October. According to ACCA representatives, the index
continues to show that contractors anticipate short-term growth. In its first
10 months, the CCI has increased 18 percent.
The ACCA began
measuring contractor attitudes toward short-term economic growth with the CCI
in February of this year. 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.
ACCA contractors anticipate economic growth
December 1, 2010