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Comment Business & Economics

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

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI) for March 2020 (the most recent available) increased compared to the previous month’s value, with the values of the four major subindices (Equipment; Construction Labor; Buildings; and Engineering & Supervision) comprising the CEPCI all seeing small increases. The current CEPCI value is 2.9% lower than the corresponding value from a year ago at the same time. Meanwhile, the Current Business Indicators (CBI) saw steep declines in the April data for the CPI output index as well as the CPI operating rate. In addition, the CPI value of output index for March 2020 dropped by a margin that was larger than the normal monthly fluctuations.

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