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.
The Commercial Construction Index (CCI) rose two points in Q2 2019 to 74, returning to levels consistent with survey findings from 2017 and 2018.
Key Drivers of Contractor Confidence
While most contractors expect revenue growth, this number continues to shrink, with a six-point drop year-over-year from 72 in Q2 2018.
Each quarterly Index published is available on the USG Corporation website at www.usg.com/commercialconstructionindex .
The CCI 2019 Q2 Infographic