Construction Costs Fall as Softer Iron Ore Prices Migrate Downstream

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2015 April IHS PEG ECCI Fabricated Structural Steel vs. Headline Materials Index
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Englewood, Co.
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Defense, Risk & Security; Healthcare/Pharmaceuticals; Economics; Country & Industry Forecasting; Design & Supply Chain
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Country & Industry Forecasting; Commodities, Pricing & Cost; Economics
Kate Smith, +1 781 301 9311
katherine.smith@ihs.com

IHS PEG ECCI yet to show rising costs in 2015

Construction costs fell again in April, according to IHS (NYSE: IHS) and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index (ECCI) registered 46.2 in April, up from March, but still below a neutral reading. The headline index has not indicated rising costs since December 2014.

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