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Marshall and Swift Cost Index, M&S (originally known as Marshall and Stevens Index): a composite of two major components processindustry equipment average and allindustry equipment average was established in 1926 with a value of 100.

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Mining Cost Indexes Engineering cost indexes are a way of comparing a cost or quote obtained for a product or service in one year to the cost in anther year. For example if you have a quote for a haul truck in September, 1997 and you would like to know the cost in January, 2000, the calculation would be:

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CEPCI | Consumer Price Index | Index (Economics)

MARSHALL & SWIFT EQUIPMENT COST INDEX (1926 = 100) M & S INDEX Process industries, average Cement Chemicals Clay products Glass Paint Paper Petroleum products Rubber Related industries Electrical power Mining, milling Refrigeration Steam power 2003 = 1,123.6 2007 = 1,373.3 3rd Q 2011 1,533.3 2nd Q 2011 1,512.5 1st Q 2011 1,490.2 4th Q 2010

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A cost index is made up of a market basket of equipment and indicates the general direction in which equipment costs are moving. They represent an estimate of the trends in installed equipment ...

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Engineering Practice Updating the Plant Cost Index

changes in the labor-cost components in the sub-indexes, tends to dampen increases in these sub-indexes. An index with large labor components, such as Construction Labor, is more influenced by the productivity factor than those with less-significant labor cost elements (such as Equipment). The five index curves change slopes downward around the ...

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