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Comment Business & Economics

2021 CEPCI Updates: September (prelim.) and August (final)

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI) for September 2021 (most recent available) continues the streak of rapid monthly increases observed since the beginning of the year. The Index topped 750, after beginning the year at around 600. In September, all four major subindices (Equipment, Construction Labor, Buildings and Engineering & Supervision) saw upticks, with the Equipment subindex showing the largest gain. The current CEPCI value is 27.1% higher than the corresponding value from September 2020. Meanwhile, the Current Business Indicators (middle) show rises in the CPI Output Index and the CPI Operating Rate for October 2021, and a rise in the CPI Value of Output for September.

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