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Comment Engineering

2020 CEPCI Updates: April (prelim.) and March (final)

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI) for April 2020 (the most recent available) decreased compared to the previous month’s value, with the values of all four major subindices (Equipment; Construction Labor; Buildings; and Engineering & Supervision) comprising the CEPCI seeing declines. The current CEPCI value is 3.5% lower than the corresponding value from a year ago. Meanwhile, the Current Business Indicators (CBI) showed a small rebound for the CPI output index and the CPI operating rate after declines in April. However, other measures, including the productivity index for chemicals and allied products decreased, as did the CPI value of output index for April.

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