CEPCI Updates: November (prelim.) and October (final)

The preliminary value for the November 2018 CE Plant Cost Index (CEPCI; most recent available) remained the same as the previous month’s value, although the final value for October was downwardly revised by a tenth of a point. The Equipment, and Engineering & Supervision subindexes increased slightly for November, but the rises were offset by decreases in the Buildings and Construction Labor indexes. The result was an unchanged overall CEPCI value for November, that now stands at 7.5% higher than the corresponding value from November 2017. Meanwhile, the CBI numbers are not fully updated because some data are unavailable due to the ongoing U.S. federal government shutdown.