CONFINDEX™ Quarterly Reading
It has been nearly a decade since U.S. gross domestic product expanded by more than 3 percent during a single calendar year. During the 25-year period that began in 1983, America routinely posted 3 percent growth. But the last time the U.S. economy managed to expand by more than 3 percent was in 2005, when the U.S. economy grew 3.4 percent.
Click here for the December 2014 CONFINDEX™ report.
Click here for the December 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