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Thanks for the remark, Shane, And that i is likely to make a Be aware to assessment that index when I Evaluate indices for fee changes, in addition to MCI, and so forth. Immediately after speaking While using the people at Bureau of Labor Studies, I believe that this he said index might be beneficial in comparing fee will increase, but I don’t feel that it truly is helpful in projecting money charges for utilities (I believe CCI is closer In case the funds projects involve construction using concrete and metal). It really is a lot better than working with CPI, which some utilities and engineering corporations may be using, even whether it is less-regarded. In lieu of using the CPI in general, you are able to break it apart and look especially for the “drinking water and sewerage servicing†ingredient that went into calculating the overall CPI.
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