The August 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) was slightly lower than the downwardly revised July number. Some equipment subcategories, such as Process Machinery and Electical Equipment, saw small increases, while others, such as Pumps & Compressors, and Pipes, Tubes and Fittings, decreased slightly. The Construction Labor and Buildings subindices edged lower, while the Engineering & Supervision subindex was slightly higher. The preliminary August 2016 CEPCI value is 1.7% lower than the corresponding value from August of last year. Meanwhile, the latest Current Business Indicators (CBI) for September 2016 showed a small increase in CPI Output index.
Current Economic Trends: August 2016 CEPCI
| By Scott Jenkins