EQUIPMENT COSTS CONTINUE TO RISE

Gerald L. Farrar Contributing Editor Costs for the five equipment items which make up the Nelson-Farrar miscellaneous-equipment cost index advanced steadily over the 2-year period, 1987-88, As shown in the table at right, the miscellaneous equipment index average moved from 693.7 to 756.8 in 24 months. Greatest increase among the components making up the equipment average was that of heat exchangers, from 547.4 in January 1987, to 734.6 in December 1988. The least increase was shown by