The preliminary value for the CE Plant Cost Index (CEPCI) for August 2023 (most recent available) is unchanged from the previous month, although some of the subindices making up the composite index changed higher and lower. In August, the Equipment and Engineering & Supervision subindices fell by small margins, while the Buildings and Construction Labor subindices each rose by small amounts. The current CEPCI value now sits at 3.1% lower than the corresponding value from August 2022. Meanwhile, the Current Business Indicators show increases in the CPI Output Index and the CPI Operating Rate for August 2023, and an increase in the CPI Value of Output Index for July 2023.
2023 CEPCI updates: August (prelim.) and July (final)
| By Scott Jenkins