ENR Construction Cost Index

The ENR Construction Cost Index (CCI) is a measure that tracks the overall change in costs for construction projects over time. It considers factors like labor, materials, and equipment expenses. By analyzing this index, industry professionals can understand how construction costs are rising or falling, helping them make informed decisions about budgeting, project planning, and pricing. Essentially, the CCI acts as a financial weather gauge for the construction industry, reflecting economic trends and inflation affecting construction costs nationwide.