The Air Conditioning Contractors of America revealed the results of its Contractor Comfort Index for March and found that association members are optimistic about short-term gains.
For March 2011, the
CCI is 62. The results also show that contractors are feeling more confident in
March 2011 than they were in March 2010 when the CCI was
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 April.
Contractors predict short-term growth, says ACCA
March 29, 2011