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ENR > Business & Labor > What Drives ENR's Cost Indexes

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What Drives ENR's Cost Indexes

Publication Date: 22-MAR-04
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Description

After cruising along in the 1.5 to 3% range for several years, inflation measured by ENR's two cost indexes received quite a jolt in recent months. At the beginning of the year, inflation measured by the Building Cost Index (BCI) was 3.2%. By the end of the first quarter that rate had jumped to 5.8%. During the same period, the annual rate of increase ...


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