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Comment Business & Economics

2019 CEPCI Updates: February (prelim.) and January (final)

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) for February 2019 decreased from the previous month’s value. In addition, the final value for the January 2019 CEPCI was downwardly revised by a modest amount compared to the preliminary value. All four major subindices of the CEPCI — Equipment, Engineering & Supervision, Buildings and Construction Labor — decreased in February. The overall CEPCI preliminary value for February 2019 stands at 6.2% higher than the corresponding value from February of a year ago. Meanwhile, the CBI numbers for March 2019 show the CPI Output Index and the CPI Operating Rate both edging upward.

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