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Comment Business & Economics

2020 CEPCI Updates: September (prelim.) and August (final)

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI) for September 2020 (the most recent data available) decreased by a small margin compared to the previous month’s value. It continues a period of up-and-down fluctuations in the CEPCI values. The Equipment and Construction Labor subindexes declined in September, while the Buildings and Engineering & Supervision subindexes increased. The current CEPCI value now sits at 1.6% lower than the corresponding value from September of last year. Meanwhile, the Current Business Indicators (CBI; middle) showed a small decrease in producer prices and hourly earnings for October, but the timing of this month’s production schedule did not allow updates for all values.

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