The Commercial Construction Index (CCI) is a quarterly economic indicator designed to gauge what drives the commercial construction industry and its leaders, based on research conducted with contractors. Topics covered include the three factors from which the Index is derived—backlog levels, new business opportunities and revenue forecasts—and additional market drivers such as workforce, financing, and materials and equipment trends. The Index also features a quarterly spotlight on revolving construction industry topics.
- The Q3 CCI is 77, an increase of three points from the Q2 index number
- Expected increases in spending on tools and equipment and consistent access to financing for the industry
- The quarterly spotlight looks at two aspects of resiliency for contractors in particular: the strategies for making their own businesses more resilient and their perception of efforts to make buildings more resilient
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