The U.S. Chamber of Commerce and USG Corp. have partnered to present a new economic data report designed especially for the commercial construction industry.
Led by Jennifer Scanlon, president and CEO of USG, and Thomas Donohue, president and CEO the U.S. Chamber of Commerce, the first public release of the Commerce Commercial Construction Index (CCI) is the result of working with Dodge Data & Analytics who surveyed contractors nationwide to better understand their level of confidence in the commercial construction industry. This panel allows DD&A to provide findings that are representative of the entire U.S. construction industry by geography, size, and type of company.
Each quarter, Dodge will ask general contractors and more than 2,700 commercial construction decision-makers about their business – their backlog, their pipeline, their hiring plans and what’s keeping them up at night.
Dodge will then take the information and develop quarterly reports on three leading indicators in the construction industry - backlogs, new business, and revenues - reflecting findings that are representative of the entire U.S. construction industry by geography, size, and type of company.
The composite index works on a scale of 0-100. The full reports will be downloadable from the U.S. Chamber of Commerce website.
Here are highlights from the first USG + U.S. Chamber of Commerce Commercial Construction Index (CCI) for Q2:
Download the full Q2 USG + U.S. Chamber of Commerce Commercial Construction Index report here: