Q2 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 Q2 CCI is 73, suggesting that contractors are still experiencing a strong market, consistent with the finding for the past four quarters.
  • This quarter’s findings reveal growing contractor concerns about construction material price fluctuations, especially for steel.
  • This quarter’s spotlight is on sustainability, including the share of green projects reported by contractors, the degree to which green experience increases their competitiveness and the growing shortage of green skilled workers.