IPA’s Historical Escalation Trends are developed using client-provided data in conjunction with data from different statistical groups around the world such as EuroStat and the U.S. Bureau of Labor Statistics (BLS). These historical trends are an integral part of our Cost Normalization process. We have developed curves for a number of equipment and bulk materials scopes as well as world open market engineering and construction labor.
IPA’s Market Forecasting newsletter is a subscription-based service that uses our historical escalation trends to predict future escalation.