Dateline City:
LEXINGTON, Mass.
IHS PEG ECCI below neutral mark for the past 20 months
Construction costs contracted again in August, according to IHS Markit (Nasdaq: INFO) and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index registered 45.4 this month, down from 49.8 in July. Both labor and material and equipment categories recorded soft pricing, pulling the overall index into contraction once again.
Language:
English
Ticker Slug:
Ticker:
INFO
Exchange:
NASDAQ
