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Comment Business & Economics

2021 CEPCI Updates: June (prelim.) and May (final)

By Scott Jenkins |

Although the final May value for the CE Plant Cost Index (CEPCI; top) was revised slightly lower than its original number, the preliminary value for the June 2021 CEPCI (the most recent available) is once again higher than the previous month, continuing the streak of month-by-month increases since the beginning of the year. In June, all four major subindices — Equipment; Buildings; Construction Labor; and Engineering & Supervision — saw upticks for the June preliminary data. The first two saw larger gains, while the latter two saw small ones. The current CEPCI value now sits at 18.7% higher than the corresponding value from June 2020.  

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