The preliminary value for the December 2015 CE Plant Cost Index (CEPCI; the most recent available) was down compared to the previous month’s data, continuing a string of declines in recent months. All subindices saw declines in December, except Engineering & Supervision, which rose slightly. The preliminary CEPCI value for December 2015 is 6.6% lower than the corresponding value from a year ago at the same time. Meanwhile, the latest Current Business Indicators (CBI) for January 2016 showed an increase in the CPI output index, reversing the previous month’s decline, as well as a decrease in producer prices. The CPI value of output for December of last year was down from the previous month.
Current Economic Trends: CEPCI Update
| By Scott Jenkins