Construction Costs Deteriorate, Led by Steel

Multimedia
Steel Correction Leads Materials and Equipment Prices Lower
Dateline City:
ENGLEWOOD, Colo.
Contacts
Aerospace, Defense & Security; Economics & Country Risk; Energy
Emily Haggstrom, 303-858-6480
emily.haggstrom@ihs.com
or
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com

August decline marks one of the lowest points since beginning of year

Current construction costs fell again in August, according to IHS Inc. (NYSE: IHS) and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index (ECCI) registered 45.7 this month, down from 48.8 in July and well below the neutral mark. The headline index has not indicated rising costs since December.

Language:
English
Ticker Slug:
Ticker:
IHS
Exchange:
NYSE

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