Dateline City:
ENGLEWOOD, Colo.
Current construction costs rose in November, according to IHS Inc. (NYSE: IHS) and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index (ECCI) registered 43.7 this month, up from 40.9 in October. The headline index remains well below the neutral mark, indicating that costs are still falling, just not as broadly as in October. The index has not indicated rising costs for 11 months.
Language:
English
