Q1 2018 USG + U.S. Chamber of Commerce Commercial Construction Index

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 Q1 CCI is 74, holding steady with the Q4 2017 index number, suggesting a strong, steady market.

  • This quarter’s spotlight is on the growing prevalence of contractors using prefabrication and the value they find it brings to projects, including increased efficiency onsite and improved labor productivity.