September 06, 2018
The USG + U.S. Chamber of Commerce Commercial Construction Index (CCI) is a quarterly economic index designed to gauge the outlook for, and resulting confidence in, the commercial construction industry.
Recognizing a need to highlight the important contributions of this sector to the nation’s economy, USG Corporation and the U.S. Chamber partnered to produce this first-of-its-kind index.
Each quarter, contractors across the country are surveyed in order to better understand their levels of confidence in the industry and top-of-mind concerns.
Contractors in the U.S. commercial construction industry report overall optimism about the construction market in Q3 2018. This comes despite contractors’ ongoing challenges with skilled workforce availability and tariff-related concerns. The score increase (to 75) is likely driven by positive changes in backlog figures since Q2 2018.