The preliminary value for the February 2018 CE Plant Cost Index (CEPCI; most recent available) increased compared to the previous month’s value. All four of the subindices (Equipment, Buildings, Construction Labor and Engineering & Supervision) moved higher for February, pushing the overall monthly CEPCI value for February up. The Buildings subindex had the largest percentage increase of the four. The overal CEPCI for February stands at 4.1% higher than the corresponding value from February of last year. Meanwhile, the Current Business Indicators (CBI) showed a small increase in the CPI output index for March, and similar increase in the Productivity index for chemical and allied products.
2018 CEPCI Updates: March (prelim.) and February (final)
| By Scott Jenkins