Updated Development of Implicit Price Deflators for Military Construction,
BUREAU OF ECONOMIC ANALYSIS WASHINGTON D C
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The results of the initial development of price deflators for military construciton were published in the November 1983 issue of the Survey of Current Business. This paper describes the further development of the price deflators, the comparison with the Engineering New Record Construction Index ENR, the comparison of input construction wages indexes and construction material prices indexes with the Bureau of Economic Analysis BEA military construction deflator, and the uses of the deflators by the military constructors. Also, the development of output Area Cost Factors ACF is described.
- Economics and Cost Analysis
- Construction Equipment, Materials and Supplies