National Highway Construction Cost Index

National Highway Construction Cost Index

Quarterly data, not seasonally adjusted

Index Q1 2003 = 1.00

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month Index of Highway Construction Costs
2003 Q1 1.00
2003 Q2 1.02
2003 Q3 1.00
2003 Q4 0.99
2004 Q1 1.03
2004 Q2 1.06
2004 Q3 1.08
2004 Q4 1.09
2005 Q1 1.12
2005 Q2 1.15
2005 Q3 1.20
2005 Q4 1.24
2006 Q1 1.27
2006 Q2 1.35
2006 Q3 1.41
2006 Q4 1.37
2007 Q1 1.34
2007 Q2 1.31
2007 Q3 1.27
2007 Q4 1.24
2008 Q1 1.25
2008 Q2 1.29
2008 Q3 1.35
2008 Q4 1.28
2009 Q1 1.18
2009 Q2 1.09
2009 Q3 1.08
2009 Q4 1.04
2010 Q1 1.07
2010 Q2 1.07
2010 Q3 1.06
2010 Q4 1.05
2011 Q1 1.05
2011 Q2 1.07
2011 Q3 1.08
2011 Q4 1.09
2012 Q1 1.11

NOTES: The current value is compared to the value from the same period in the previous year to account for seasonality.

The NHCCI is updated quarterly and has a base period of the First Quarter of 2003. 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 NHCCI does not have the exact same coverage as the C30 (Value of Construction Put in Place) dataset from the Census Bureau. The C30 data only covers the value of new construction, and the NHCCI tracks materials and services purchased by states.

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/index.cfm as of August 2012.