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Comment Business & Economics

Current Economic Trends: June CEPCI

By Mary Page Bailey |

The preliminary value for the June 2015 CE Plant Cost Index (CEPCI; the most recent available) continued the trend of small monthly declines since the beginning of the year. The June CEPCI is 3.1% lower than the corresponding value from a year ago at the same time. This is a larger gap than the 2.1% for the May year-ago value. The Engineering & Supervision subindex rose slightly in June, but the other subindices saw small declines. Meanwhile, the latest Current Business Indicators numbers all showed a slight increase compared with the previous month’s values. For this month’s CBI numbers, the base year for determining the CPI output index and the industrial production in manufacturing were both changed to 2012.
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