Contractors are feeling cautiously optimistic, according to a new report from the Plumbing-Heating-Cooling Contractors National Association.
The PHCC Business Intelligence Department just released its newly developed Contractor Confidence Index. Sponsored by PHCC strategic partner Bradford White, the PHCC CCI is based on a quarterly survey of PHCC members designed to take the pulse of the plumbing, heating, and cooling market.The PHCC First Quarter 2023 CCI summary report revealed a CCI of 52.2, meaning contractors believe industry conditions are better than the previous six months but are trending lower because of ongoing challenges. The first quarter CCI dropped from 56 in the fourth
