The preliminary value for the CE Plant Cost Index (CEPCI) for November 2019 (the most recent available) decreased from the previous month’s value, the eighth decline in the last ten months. All four major subindices of the overall CEPCI (Equipment, Buildings, Construction Labor and Engineering & Supervision) decreased in November. The current CEPCI value is 3.3% lower than the corresponding value from a year ago at the same time. Meanwhile, the Current Business Indicators (CBI) saw small increases in both the CPI Output Index for December 2019, and the CPI Output Index for November. Producer prices for chemical and allied products edged lower in December, while the Productivity Index ticked upward.
2019 CEPCI Updates: November (prelim.) and October (final)
| By Scott Jenkins