National Highway Construction Cost Index
Quarterly data, not seasonally adjusted
National Highway Construction Cost Index | 2014 Q2 | 2015 Q2 |
---|---|---|
National Highway Construction Cost Index (Index: Q1 2003 = 1.00) | 1.10 | 1.14 |
Percent change from same quarter previous year | - 0.8% | + 3.9% |
NOTES: The National Highway Construction Cost Index (NHCCI) is a price index that tracks price changes associated with highway construction costs. The data series began with 45 states in 2003 and currently includes 48 states; Alaska and Hawaii are excluded due to unique cost issues. The C30 data (Value of Construction Put in Place) only covers the value of new construction, and the NHCCI tracks materials and services purchased by states. The NHCCI does not have the exact same coverage as the C30 (Value of Construction Put in Place) dataset from the Census Bureau. The current value is compared to the value from the same period in the previous year to account for seasonality.
SOURCE: U.S. Department of Transportation, Federal Highway Administration, Office of Highway Policy Information, National Highway Construction Cost Index, available at http://www.fhwa.dot.gov/policyinformation/nhcci/pt1.cfm as of December 2015.