The preliminary value for the CE Plant Cost Index (CEPCI) for December 2024 (most recent available) fell slightly compared to the previous month’s value. The final value for November 2024 was revised downwardly. The small decline in the December CEPCI was a result of decreases in the Equipment and Buildings subindices, which offset increases in the Construction Labor and Engineering & Supervision subindices. The current CEPCI value sits at 0.2% higher than the corresponding value from December 2023. Meanwhile, the Current Business Indicators show increases in the CPI output index and the CPI operating rate for December 2024, and an increase in the CPI value of output for November 2024.
2024 CEPCI updates: December (prelim.) and November (final)
| By Scott Jenkins