The February 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) was down from the previous month, with all subindices seeing a small decline. Within the Equipment subindex, the process instruments category was the only one experiencing an increase. The preliminary CEPCI value for February 2016 is 6.4% lower than the corresponding value from February last year. This is a smaller year-over-year difference than the previous month. Meanwhile, the latest Current Business Indicators (CBI) for March 2016 showed that the values for the CPI output index and the CPI operating rate were unchanged from the previous month. CPI value of output for February was down from the previous month.
Current economic trends: February CEPCI
| By Scott Jenkins