Dateline City:
ENGLEWOOD, Colo.
Data continues to hint at broad weakness in aggregate demand
ENGLEWOOD, Colo. (December 21, 2015) – Current construction costs fell again in December, according to IHS Inc. (NYSE: IHS) and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index (ECCI) registered 41.8 this month, down from 43.7 in November. Despite the slight ups and downs, the headline index remained consistently below the neutral mark in 2015, indicating that costs have declined throughout the year. In addition, December's index figure marked the lowest reading for 2015.
Language:
English
