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From the category archives: Construction Confidence Index
Tuesday, March 18, 2014 10:51 AM
Gains in the Associated Builders and Contractors’ (ABC) Construction Confidence Index (CCI) indicate that contractor confidence expanded as 2013 wound to a close, particularly with respect to near-term industry profit margins and staffing levels. The CCI measures construction prospects along three dimensions – revenues, profit margins and hiring. All three indices remained above the threshold value of 50, which indicates growth, and each is up on a year-over-year basis.
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Wednesday, September 25, 2013 9:05 AM
Associated Builders and Contractors’ Construction Confidence Index (CCI) shows confidence among nonresidential contractors increased slightly during the first half of 2013, despite sequestration and rising interest rates.
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Tuesday, January 22, 2013 9:07 AM
Associated Builders and Contractors (ABC) today released its Construction Confidence Index (CCI) for the second half of 2012. The CCI reflects three aspects of the U.S. nonresidential construction industry: sales prospects, staffing levels and profit margins.
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Tuesday, August 21, 2012 11:42 AM
WASHINGTON, D.C. – Associated Builders and Contractors (ABC) today released its newest construction economic measure, the Construction Confidence Index (CCI). The CCI reflects three aspects of the U.S. nonresidential construction industry – sales prospects, staffing levels, and profit margins. During the second quarter of 2012, all three indices declined, undoing much of the first quarter’s progress and indicating that nonresidential construction momentum is waning. However, index values remain above 50, indicating ongoing expectations of construction spending growth.
- Sales expectations fell from 68.3 to 62.3
- Profit margins fell from 57.9 to 53.5
- Staffing levels fell from 64.3 to 59.8
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