Further Price Declines in Materials Generate Weakness in Equipment Prices

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image/png iconPEG.png (16.47 KB)
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

ENGLEWOOD, Colo. (September 23, 2015) – Current construction costs fell again in September, according to IHS Inc. (NYSE: IHS) and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index (ECCI) registered 43.8 this month, down from 45.7 in August and well below the neutral mark. The headline index has not indicated rising costs since December.

Language:
English

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