Dateline City:
Englewood, Co.
IHS PEG ECCI still fails to move from contraction territory
Triggered by lower input prices in alloy steel, construction costs fell again in June, according to IHS (NYSE: IHS) and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index (ECCI) registered 47.4 in June, down from May’s reading and below the neutral mark. The headline index has not indicated rising costs since December 2014.
Language:
English
Ticker Slug:
Ticker:
IHS
Exchange:
NYSE
