The 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, the U.S. Chamber produced 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.
Summary
The Commercial Construction Index (CCI) rose by just one point from 65 in Q2 to 66 this quarter. Two of the key drivers behind the score improved, with contractors expressing confidence in their ability to obtain new business and maintain an ideal backlog of projects. The index remains eight points below its pre-pandemic level of 74.
