CONFINDEX™ Quarterly Reading
Roughly since the end of the recession in 2009, the nation’s leading construction CFOs have greeted each New Year with optimism, only to express disappointment after a few months. This time is different. During the second quarter of 2014, CFOs expressed as much optimism as they did during the year’s early stages, an indication that the pace of construction industry recovery is roughly meeting expectations.
Click here for the June 2014 CONFINDEX™ report.
Click here for the June 2014 Summary (.PDF)
What Is CONFINDEX™
CONFINDEX is CFMA's proprietary confidence index survey of CFOs in the commercial construction sector. It is the only confidence index survey asking the level of confidence from important decision makers in a critical industry of the US economy.
For some industry analysts and financial analysts, CONFINDEX is a leading economic indicator of the health of commercial construction in the US.
CONFINDEX is compiled from four sub-indices measuring critical components of the financial health of a commercial construction company:
Current Year Outlook
CONFINDEX Survey Panel Composition
300 randomly selected CFMA General Members with the title of CFO in commercial construction companies
What the CONFINDEX Number Indicates
- Built using a “net confidence scoring” approach
- Measures degree to which there is a more positive or negative outlook among survey panel members
- Neutral point is set at 100
- Less than a 100 reading indicates pessimism among the survey participants, while a reading more than 100 indicates optimism among the survey participants