Gary Farrar Contributing Editor
Costs for the five equipment items that make up the Nelson-Farrar miscellaneous equipment cost index were mixed during the 2006-07 period. The miscellaneous equipment index average rose to 1,205.5 from 1,075.6 in 24 months.
The greatest increase among the components making up the equipment average was for heat exchangers, which rose to 1,374.7 in December 2007 from 1,079.2 in January 2006.
Engines increased only slightly during the period. Instruments gained 177.7 during the 2006-07 period examined.
Electrical machinery remained mostly the same, rising to 513.2 in December 2007 from 509.1 in February 2006.
The pumps and compressors average increased to 1,867.3 in December 2007 from 1,727.4 in January 2006.
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