Digital Auto Care Factbook 2018 - 7

BCI-ECI Summary
What Do Our Members Think? (Continued)
According to March, 2017 Results of Auto Care Association/Northwood University
Business Confidence Index
Chart 1: AAIA/NU Business Confidence

Results of the joint Business Confidence Index for March,
2017 show that aftermarket business leaders had a slightly
more confident outlook on the economy and the automotive
aftermarket over the next 12 months reports the Auto Care
Association and Northwood University.

Chart 1: Auto Care Association/NU
Business Confidence Index
Index
50
40
30

Auto Care Association members completed the 75th
monthly index survey and according to the data:	

20

0

Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
Dec-16
Jan-17
Feb-17
Mar-17

10

-10
-20
-30

*	 The overall Auto Care Association/Northwood University
Automotive Aftermarket Economic Confidence Index
for March, 2017 stood at 40.74, exactly even with the
January, 2017 reading (Chart 2), keeping aftermarket
business leaders on the high side of "slightly more
confident" in the economy as a whole in March (see Table
2). This is the fifth month in a row and the 5th month
since November, 2016 that the index has been positive.

Table 1: Auto Care Association/Northwood
University Automotive Aftermarket Business
Confidence Index
Assessment

Numeric Range

March Position:

Significantly Less Confident
Slightly Less Confident

-100 to -51
-50 to -1

37.04

No Change
Slightly More Confident
Significantly More Confident
Current Index Position

0

*	 The overall Auto Care Association/Northwood University
Automotive Aftermarket Business Confidence Index for
March, 2017 was 37.04, down slightly from the January,
2017 reading of 40.74 (Chart 1), keeping aftermarket
leaders on the high side of the "slightly more confident"
category (see Table 1).

1 to 50
51 to 100

Chart 2: AAIA/NU Economic Confidence

37.04

IndexEconomic Confidence Index
Chart 2: Auto Care Association/NU
50

For more information, contact Auto Care Association
market intelligence at 301-654-6664 or Dr. Timothy G.
Nash, Northwood University at 989-837-4323.  These
indices are prepared monthly by Dr. Nash and Northwood
University aftermarket major, Mr. Matt Fusco.

40
30
20
10
0

Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
Dec-16
Jan-17
Feb-17
Mar-17

The 76th monthly installment of the survey was sent to
members on April 10, 2017. Results are calculated monthly
and reported in Auto CarE-news. Member responses will
be used solely in the aggregate and for the purpose of
providing empirical information.

-10
-20
-30
-40
-50

Table 2: Auto Care Association/Northwood University
Automotive Aftermarket Economic Confidence Index

March Position:

40.74

Assessment

Numeric Range

Significantly Less Confident
Slightly Less Confident

-100 to -51
-50 to -1

No Change
Slightly More Confident
Significantly More Confident
Current Index Position

0
1 to 50
51 to 100
40.74

The 2018 Digital Factbook is Copyright © 1990 Auto Care Association and/or its licensor. 
All other rights reserved.  Use of the 2018 Digital Factbook is subject to compliance with the Legal Terms and Conditions found on page 119 of this report.

7



Table of Contents for the Digital Edition of Digital Auto Care Factbook 2018

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