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Comment Business & Economics

2017 CEPCI Updates: November (prelim.) and October (final)

By Scott Jenkins |

The preliminary value for the November CE Plant Cost Index (CEPCI; most recent available) decreased compared to the previous month’s value, reversing an upward trend over the past four months. In addition, the final value for the October CEPCI was downwardly revised from the initial preliminary October value. Declines in the Equipment and Construction Labor subindices for November offset a small increase in the Buildings subindex to arrive at the lower CEPCI value for Nov. The Engineering & Supervision subindex fell by a small margin in November. The overall monthly CEPCI value for November 2017 stands at 4.8% higher than the corresponding value from November 2016.

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