The preliminary value for the November 2015 CE Plant Cost Index (CEPCI; the most recent available) declined again from the previous month, driven by a relatively large decrease in the Equipment subindex and small decreases in the Buildings and Construction Labor subindices. The Engineering and Supervision subindex saw a small increase in November. The preliminary CEPCI value for November 2015 is 6.1% lower than the corresponding value from a year ago at the same time. Meanwhile, the latest Current Business Indicators (CBI) numbers showed a decline in the CPI output index, as well as in the CPI value of output index and in producer prices for industrial chemicals. The productivity index was up slightly.
Current Economic Trends: November 2015
| By Scott Jenkins