Why do these indices matter?

These indices are a steady barometer for monitoring the health of the industry – the data quantitatively represent the challenges that the industry faces, currently and into the foreseeable future. That said, the indicators don’t necessarily “predict” the performance of a company within the industry – as we have all seen, the COVID-19 pandemic has instilled a sense of urgency for all companies to adapt to fluid market conditions, changing consumer behavior, and emerging regulations.

BCI and ECI maintain an edge over “traditional” economic indicators like consumer confidence since we source original data from our industry’s participants – Auto Care Association members.