FM Global 9-3

Property Loss Prevention Data Sheets 17-7

January 2016
Supersedes July 2015
Page 1 of 13

INDUSTRIAL COST TRENDS

Table of Contents
Page

UNITED STATES COST TRENDS – INDUSTRIAL BUILDINGS .................................................................. 4

UNITED STATES COST TRENDS – RESIDENTIAL BUILDINGS ................................................................ 5
CANADA COST TRENDS – INDUSTRIAL BUILDINGS ............................................................................... 6
UNITED STATES COST TRENDS – INDUSTRIAL EQUIPMENT ................................................................ 7
Table 1 Composite .................................................................................................................................. 7
Table 2 Machine Shop ............................................................................................................................ 7
Table 3 Sheet Metal Shop ...................................................................................................................... 7
Table 4 Foundry ...................................................................................................................................... 8
Table 5 Forge Shop ................................................................................................................................ 8
Table 6A Cloth Working .......................................................................................................................... 8
Table 6B Cotton & Woolen Mill Opening through Weaving ................................................................... 9
Table 6C Bleachery & Finishing ............................................................................................................. 9
Table 7 Paper Mill ................................................................................................................................... 9
Table 8 Printing & Paper Converting .................................................................................................... 10
Table 9 Woodworking .......................................................................................................................... 10
Table 10 Rubber Mill ............................................................................................................................ 10
Table 11 Food ...................................................................................................................................... 11
Table 12 Special Engineered Equipment ............................................................................................. 11
Table 13 Electronics ............................................................................................................................. 11
Table 14 Plastics, Molding & Extruding ............................................................................................... 12
Table 15 Tobacco .................................................................................................................................. 12
Table 16 Brewery .................................................................................................................................. 12
Table 17 Hydroelectric Plants ............................................................................................................... 13

©2016 Factory Mutual Insurance Company. All rights reserved. No part of this document may be reproduced,
stored in a retrieval system, or transmitted, in whole or in part, in any form or by any means, electronic, mechanical,
photocopying, recording, or otherwise, without written permission of Factory Mutual Insurance Company.
 9-3
17-7 Industrial Cost Trends
Page 2 FM Global Property Loss Prevention Data Sheets

Buildings
The FM Global Building Cost Index is based on published labor rates for the primary building trades and
published material costs found in six typical industrial and commercial buildings of the type, size and
complexity that are typically insured by FM Global. The changes in these costs are considered for 164
locations in the United States and 47 locations in Canada.
FM Global industrial building costs indices are designed to reflect the impact of changes made in union wage
rates and published material prices on final construction costs, not selling prices, in the nonresidential
construction field.
The average cost of completed building prices in the Continental U.S. indicates a 1.9% increase since January
2015.

Machinery and Equipment

The FM Global machinery and equipment indexes are based on a representative schedule of machinery
and equipment items in a typical plant of the types shown, and are compiled from information furnished by
more than 250 machinery builders. The base of 100 is January 1980, and the increases represent inflationary
trends in equipment costs. Costs for a specific plant may vary somewhat from these trends because of the
mix of machinery contained at that particular location.
The Composite index for prices of industrial equipment indicates a 1 % increase for the one year period
ending January, 2016.

Index Use
Each US or Canadian cost trend table contains three data columns,
1. The calculated FM Global index number.
2. The effective month and year of the index.
3. A numeric multiplier indicating the percent change of all previous index numbers to the latest index
number.
The multiplier is the numeric factor that must be multiplied by an earlier building or equipment cost to adjust
that earlier cost to the most recent date shown in the table.
To adjust costs from an earlier date to a date other than the most recent date a different multiplier must be
calculated. To do so divide the index number of the later date by the index number of the earlier date. Then
multiply the result by the earlier building or equipment cost.
For Example: Estimate the cost of a building in Denver (Rocky Mountain geographic area) in January
2008 that was built inJanuary 2004 for $1,000,000:
Original 2004 cost in US$ x (January 08 index / January 2004 index) = January 2008 cost in US$.
$1,000,000 x 1.29 (252 / 195) = $1,290,000
An increase of 29%
Table Clarification:
The Special Engineered Equipment Index (Table 12) is made up of four components that go into the weighted
average calculations for each update. These include Finished Steel Products (steel pipe, steel tubing,
structural shapes) comprising 33% of the weighted average, Special Machinery ( chemical equipment, plastic
mfg equipment, semi-conductor mfg equipment) comprising 17.5%, Mining Machinery comprising 17.5%
and Labor comprising 33 %. This index table should be used for those occupancies that comprise a large
amount of their equipment values in these components, such as mines, chemical plants or semi-conductor
plants.
We have added a new equipment table for Hydroelectric Plants (Table 17). This table will be updated annually
in January of each year.

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
Industrial Cost Trends 17-7
FM Global Property Loss Prevention Data Sheets Page 3

330

305

280
Building

255

220
Composite
175
F M GLOBAL INDEX
BUILDING COSTS 150
COMPOSITE MACHINERY
& EQUIPMENT COSTS 125
Base January 1980 = 100
100
2005 2010 2015 2020

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
17-7 Industrial Cost Trends
Page 4 FM Global Property Loss Prevention Data Sheets

UNITED STATES
COST TRENDS – INDUSTRIAL BUILDINGS

1/80 = 100

Continental
New Middle Middle South Rocky Pacific U.S.
England Atlantic West South West Mountain Coast AVERAGE

Conn Del Ill Mo Ala NC Ariz Col Cal Alaska Hawaii

Me DC Ind Neb Fla SC Ark Idaho Ore
Mass Md Iowa ND Ga Tenn NM Mont Wash
NH NJ Kan Ohio Ky Va Okla Nev
RI NY Mich SD La W Tex Utah
Ver Pa Minn Wisc Miss Va Wyo

Date Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult.
1/93 169 2.14 169 2.03 156 2.06 147 2.09 150 2.03 151 2.00 156 1.96 157 2.04 157 1.80 179 2.01
1/94 175 2.06 171 2.01 160 2.01 148 2.07 153 1.99 155 1.95 161 1.89 160 2.00 156 1.81 188 1.91
1/95 179 2.02 174 1.97 162 1.98 151 2.03 155 1.96 158 1.91 165 1.85 163 1.96 161 1.75 193 1.86
1/96 182 1.98 179 1.92 165 1.95 155 1.98 159 1.91 163 1.85 167 1.83 167 1.92 164 1.72 198 1.81
1/97 185 1.95 183 1.87 168 1.91 158 1.94 162 1.88 165 1.83 170 1.79 170 1.88 167 1.69 204 1.76
1/98 190 1.90 186 1.84 173 1.86 162 1.90 166 1.83 170 1.78 174 1.75 174 1.84 170 1.66 210 1.71
1/99 194 1.86 190 1.81 178 1.80 166 1.85 170 1.79 174 1.74 178 1.71 179 1.79 171 1.65 213 1.69
1/00 197 1.83 194 1.77 182 1.76 169 1.82 173 1.76 178 1.70 181 1.69 182 1.76 172 1.64 216 1.66
1/01 206 1.75 204 1.68 192 1.67 175 1.75 180 1.69 185 1.63 188 1.62 189 1.69 174 1.62 216 1.66
1/02 212 1.70 207 1.66 196 1.64 178 1.72 182 1.67 187 1.61 192 1.59 193 1.66 178 1.58 223 1.61
1/03 217 1.66 211 1.63 200 1.60 181 1.70 184 1.65 191 1.58 195 1.56 197 1.62 184 1.53 227 1.58
1/04 223 1.62 219 1.57 205 1.57 186 1.65 188 1.62 195 1.55 201 1.52 202 1.58 190 1.48 232 1.55
1/05 248 1.46 239 1.44 224 1.43 206 1.49 207 1.47 212 1.42 217 1.41 222 1.44 208 1.36 256 1.40
1/06 263 1.37 254 1.35 239 1.34 221 1.39 220 1.38 226 1.34 232 1.31 236 1.36 221 1.28 270 1.33
1/07 283 1.28 272 1.26 252 1.27 242 1.27 237 1.28 241 1.25 246 1.24 253 1.26 234 1.21 286 1.26
7/07 283 1.28 273 1.26 256 1.25 244 1.26 239 1.27 244 1.24 247 1.23 255 1.25 235 1.20 287 1.25
1/08 294 1.23 284 1.21 265 1.21 252 1.22 247 1.23 252 1.20 257 1.19 265 1.21 241 1.17 297 1.21
7/08 297 1.22 287 1.20 268 1.20 256 1.20 250 1.22 256 1.18 260 1.17 268 1.19 243 1.16 299 1.20
1/09 316 1.14 304 1.13 283 1.13 273 1.12 266 1.14 271 1.11 274 1.11 284 1.13 257 1.10 312 1.15
7/09 309 1.17 298 1.15 278 1.15 266 1.15 261 1.16 263 1.15 268 1.14 278 1.15 250 1.13 307 1.17
1/10 316 1.14 305 1.12 284 1.13 268 1.15 264 1.15 271 1.11 273 1.12 283 1.13 251 1.12 310 1.16
7/10 311 1.16 299 1.15 279 1.15 263 1.17 259 1.17 265 1.14 268 1.14 278 1.15 245 1.15 303 1.18
1/11 314 1.15 301 1.14 282 1.14 263 1.17 259 1.17 265 1.14 270 1.13 279 1.15 249 1.13 307 1.17
7/11 318 1.14 306 1.12 288 1.11 270 1.14 264 1.15 270 1.12 273 1.12 284 1.13 251 1.12 310 1.16
1/12 324 1.11 307 1.12 289 1.11 271 1.13 266 1.14 271 1.11 274 1.11 286 1.12 250 1.13 312 1.15
7/12 328 1.10 316 1.09 295 1.09 278 1.10 272 1.12 278 1.09 281 1.09 293 1.09 257 1.10 319 1.13
1/13 335 1.08 316 1.09 297 1.08 278 1.10 273 1.11 279 1.08 282 1.08 294 1.09 257 1.10 321 1.12
7/13 343 1.05 323 1.06 303 1.06 286 1.07 280 1.09 285 1.06 286 1.07 301 1.06 260 1.08 327 1.10
1/14 343 1.05 329 1.04 308 1.04 290 1.06 284 1.07 289 1.04 292 1.04 305 1.05 267 1.06 331 1.08
7/14 352 1.03 332 1.03 310 1.04 293 1.05 288 1.06 291 1.04 293 1.04 308 1.04 268 1.05 337 1.07
1/15 356 1.01 336 1.02 315 1.02 301 1.02 297 1.02 296 1.02 298 1.02 314 1.02 269 1.05 347 1.03
7/15 356 1.01 338 1.01 316 1.02 301 1.02 299 1.02 297 1.02 300 1.02 315 1.02 277 1.02 355 1.01
1/16 361 1.00 343 1.00 321 1.00 307 1.00 304 1.00 302 1.00 305 1.00 320 1.00 282 1.00 359 1.00

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
Industrial Cost Trends 17-7
FM Global Property Loss Prevention Data Sheets Page 5

UNITED STATES
COST TRENDS – RESIDENTIAL BUILDINGS
1/80 = 100

Continental
New Middle Middle South Rocky Pacific U.S.
England Atlantic West South West Mountain Coast AVERAGE

Conn Del Ill Mo Ala NC Ariz Col Cal Alaska Hawaii

Me DC Ind Neb Fla SC Ark Idaho Ore
Mass Md Iowa ND Ga Tenn NM Mont Wash
NH NJ Kan Ohio Ky Va Okla Nev
RI NY Mich SD La W Tex Utah
Ver Pa Minn Wisc Miss Va Wyo

Date Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult.
1/92 189 1.90 179 1.94 158 2.03 147 2.03 139 1.96 145 2.06 167 2.06 161 1.99 151 1.81 171 2.56
1/93 192 1.87 181 1.92 165 1.95 153 1.95 145 1.88 154 1.94 175 1.97 166 1.93 158 1.73 216 2.02
1/94 198 1.81 189 1.84 173 1.86 164 1.82 152 1.79 162 1.84 183 1.88 174 1.84 164 1.66 238 1.84
1/95 201 1.79 196 1.77 176 1.82 166 1.80 154 1.77 168 1.77 186 1.85 178 1.80 166 1.64 244 1.79
1/96 204 1.76 200 1.74 181 1.77 172 1.74 160 1.70 172 1.73 190 1.81 183 1.75 166 1.64 254 1.72
1/97 206 1.74 203 1.71 184 1.74 173 1.73 162 1.68 175 1.70 193 1.78 185 1.73 170 1.61 260 1.68
1/98 211 1.70 208 1.67 193 1.66 180 1.66 166 1.64 181 1.65 198 1.74 191 1.68 174 1.57 269 1.62
1/99 212 1.69 211 1.64 196 1.64 182 1.64 169 1.61 181 1.65 201 1.71 193 1.66 174 1.57 271 1.61
1/00 220 1.63 219 1.58 205 1.57 192 1.56 178 1.53 191 1.56 210 1.64 202 1.58 179 1.53 278 1.57
1/01 225 1.60 224 1.55 211 1.52 196 1.53 182 1.49 193 1.54 214 1.61 206 1.55 182 1.50 280 1.56
1/02 227 1.58 225 1.54 213 1.51 199 1.50 185 1.47 196 1.52 217 1.59 209 1.53 184 1.48 286 1.53
1/03 230 1.56 228 1.52 216 1.49 201 1.49 187 1.45 197 1.51 219 1.57 211 1.52 186 1.47 291 1.50
1/04 245 1.47 242 1.43 230 1.40 211 1.42 196 1.39 211 1.41 233 1.48 224 1.43 192 1.42 306 1.43
1/05 263 1.37 262 1.32 245 1.31 226 1.32 208 1.31 224 1.33 250 1.38 240 1.33 201 1.36 323 1.35
1/06 278 1.29 277 1.25 256 1.25 238 1.26 216 1.26 231 1.29 264 1.30 251 1.27 209 1.31 336 1.30
7/06 288 1.25 286 1.21 264 1.22 249 1.20 226 1.20 239 1.25 276 1.25 261 1.23 215 1.27 345 1.27
1/07 302 1.19 299 1.16 275 1.17 261 1.15 238 1.14 250 1.19 288 1.19 273 1.17 223 1.22 358 1.22
7/07 302 1.19 299 1.16 275 1.17 261 1.15 238 1.14 250 1.19 289 1.19 273 1.17 223 1.22 360 1.21
1/08 307 1.17 304 1.14 281 1.14 265 1.13 243 1.12 256 1.16 295 1.17 279 1.15 231 1.18 367 1.19
7/08 307 1.17 304 1.14 281 1.14 265 1.13 243 1.12 256 1.16 295 1.17 279 1.15 228 1.20 367 1.19
1/09 316 1.14 312 1.11 293 1.10 275 1.09 251 1.08 264 1.13 304 1.13 288 1.11 235 1.16 371 1.18
7/09 317 1.13 309 1.12 289 1.11 272 1.10 247 1.10 265 1.12 302 1.14 286 1.12 235 1.16 374 1.17
1/10 305 1.18 298 1.16 280 1.15 259 1.15 235 1.16 254 1.17 294 1.17 275 1.16 233 1.17 369 1.18
7/10 311 1.15 303 1.15 284 1.13 262 1.14 240 1.13 260 1.15 300 1.15 280 1.14 238 1.15 375 1.17
1/11 313 1.15 306 1.13 286 1.12 264 1.13 242 1.12 262 1.14 302 1.14 282 1.13 239 1.14 376 1.16
7/11 315 1.14 307 1.13 287 1.12 264 1.13 241 1.13 263 1.13 303 1.14 283 1.13 241 1.13 382 1.14
1/12 316 1.14 308 1.13 291 1.10 265 1.13 245 1.11 265 1.12 308 1.12 285 1.12 245 1.11 387 1.13
7/12 327 1.10 319 1.09 293 1.10 273 1.10 248 1.10 271 1.10 313 1.10 292 1.10 247 1.11 391 1.12
1/13 333 1.08 324 1.07 300 1.07 280 1.07 256 1.06 277 1.08 320 1.08 299 1.07 251 1.09 397 1.10
7/13 336 1.07 327 1.06 306 1.05 285 1.05 261 1.04 284 1.05 328 1.05 304 1.05 255 1.07 398 1.10
1/14 341 1.05 332 1.05 313 1.03 293 1.02 267 1.02 293 1.02 334 1.03 310 1.03 266 1.03 420 1.04
7/14 348 1.03 338 1.03 315 1.02 294 1.02 267 1.02 293 1.02 336 1.02 313 1.02 270 1.01 428 1.02
1/15 353 1.02 342 1.01 318 1.01 297 1.01 270 1.01 295 1.01 340 1.01 316 1.01 276 0.99 438 1.00
7/15 358 1.00 345 1.01 320 1.00 299 1.00 272 1.00 297 1.00 342 1.01 319 1.00 275 0.99 439 1.00
1/16 359 1.00 347 1.00 321 1.00 299 1.00 272 1.00 298 1.00 344 1.00 320 1.00 273 1.00 437 1.00

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
17-7 Industrial Cost Trends
Page 6 FM Global Property Loss Prevention Data Sheets

CANADA
COST TRENDS – INDUSTRIAL BUILDINGS
1/80 = 100

New Alberta
Brunswick Manitoba British CANADIAN
Newfoundland Nova Scotia Quebec Ontario Saskatchewan Columbia AVERAGE

Date Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult. Ind. Mult.
1/93 190 2.21 186 2.15 173 2.13 175 2.17 178 2.15 165 2.09 178 2.15
1/94 193 2.18 188 2.13 178 2.07 179 2.12 180 2.13 172 2.01 182 2.10
1/95 196 2.14 193 2.07 183 2.01 183 2.08 184 2.08 176 1.96 186 2.06
1/96 192 2.19 188 2.13 186 1.98 186 2.04 184 2.08 178 1.94 186 2.06
1/97 195 2.15 191 2.09 188 1.96 190 2.00 187 2.05 185 1.86 189 2.03
1/98 202 2.08 198 2.02 189 1.95 194 1.96 190 2.02 188 1.84 194 1.97
1/99 204 2.06 203 1.97 195 1.89 198 1.92 192 1.99 192 1.80 197 1.94
1/00 213 1.97 209 1.91 197 1.87 204 1.86 194 1.97 193 1.79 202 1.90
1/01 223 1.88 219 1.83 205 1.80 213 1.78 202 1.90 199 1.73 210 1.82
1/02 223 1.88 219 1.83 205 1.80 212 1.79 201 1.91 197 1.75 210 1.82
1/03 234 1.79 228 1.75 217 1.70 218 1.74 209 1.83 203 1.70 218 1.76
1/04 250 1.68 241 1.66 226 1.63 225 1.69 217 1.76 209 1.65 228 1.68
7/04 267 1.57 257 1.56 242 1.52 240 1.58 232 1.65 224 1.54 244 1.57
1/05 272 1.54 266 1.50 243 1.51 246 1.54 240 1.60 231 1.49 250 1.53
7/05 284 1.48 283 1.41 260 1.42 263 1.44 252 1.52 243 1.42 264 1.45
1/06 294 1.43 284 1.41 263 1.40 264 1.44 253 1.51 245 1.41 267 1.43
7/06 314 1.34 307 1.30 284 1.30 285 1.33 276 1.39 266 1.30 289 1.33
1/07 327 1.28 322 1.24 298 1.23 300 1.27 291 1.32 280 1.23 303 1.26
7/07 327 1.28 321 1.25 297 1.24 302 1.26 293 1.31 282 1.22 304 1.26
1/08 339 1.24 335 1.19 310 1.19 318 1.19 307 1.25 292 1.18 317 1.21
7/08 341 1.23 338 1.18 318 1.16 323 1.18 309 1.24 295 1.17 321 1.19
1/09 354 1.19 358 1.12 334 1.10 342 1.11 327 1.17 306 1.13 337 1.14
7/09 343 1.22 343 1.17 321 1.15 333 1.14 324 1.18 298 1.16 327 1.17
1/10 347 1.21 350 1.14 323 1.14 338 1.12 324 1.18 301 1.15 331 1.16
7/10 344 1.22 344 1.16 316 1.16 329 1.16 321 1.19 296 1.17 325 1.18
1/11 365 1.15 366 1.09 334 1.10 347 1.10 334 1.15 311 1.11 343 1.12
7/11 375 1.12 369 1.08 342 1.08 347 1.10 336 1.14 315 1.10 347 1.10
1/12 372 1.13 367 1.09 339 1.09 352 1.08 335 1.14 319 1.08 347 1.10
7/12 379 1.11 373 1.07 354 1.04 358 1.06 343 1.12 323 1.07 355 1.08
1/13 380 1.11 376 1.06 350 1.05 361 1.05 340 1.13 321 1.07 355 1.08
7/13 391 1.07 389 1.03 360 1.02 377 1.01 348 1.10 335 1.03 367 1.04
1/14 391 1.07 388 1.03 361 1.02 381 1.00 353 1.08 328 1.05 367 1.04
7/14 399 1.05 392 1.02 370 0.99 386 0.98 361 1.06 335 1.03 374 1.02
1/15 414 1.01 403 0.99 369 1.00 385 0.99 384 1.00 349 0.99 383 1.00
7/15 418 1.00 405 0.99 369 1.00 384 0.99 385 0.99 349 0.99 385 0.99
1/16 420 1.00 400 1.00 368 1.00 380 1.00 383 1.00 345 1.00 383 1.00

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
Industrial Cost Trends 17-7
FM Global Property Loss Prevention Data Sheets Page 7

UNITED STATES
COST TRENDS – INDUSTRIAL EQUIPMENT

1/80 = 100

Table 1 Table 2 Table 3

COMPOSITE MACHINE SHOP SHEET METAL SHOP
Date Ind. Mult. Date Ind. Mult. Date Ind. Mult.
1/90 154 1.62 1/90 153 1.65 1/90 146 1.88
1/91 162 1.54 1/91 160 1.58 1/91 161 1.71
1/92 166 1.50 1/92 168 1.51 1/92 164 1.68
1/93 169 1.47 1/93 175 1.45 1/93 166 1.66
1/94 172 1.45 1/94 175 1.45 1/94 171 1.61
1/95 175 1.42 1/95 178 1.42 1/95 178 1.54
1/96 181 1.38 1/96 187 1.35 1/96 187 1.47
1/97 184 1.35 1/97 191 1.32 1/97 191 1.44
1/98 187 1.33 1/98 195 1.30 1/98 196 1.40
1/99 189 1.32 1/99 197 1.28 1/99 200 1.38
1/00 189 1.32 1/00 198 1.28 1/00 202 1.36
1/01 192 1.30 1/01 201 1.26 1/01 206 1.33
1/02 193 1.29 7/01 202 1.25 7/01 208 1.32
7/02 194 1.28 1/02 201 1.26 1/02 206 1.33
1/03 194 1.28 7/02 202 1.25 7/02 206 1.33
7/03 195 1.28 1/03 200 1.26 1/03 207 1.33
1/04 196 1.27 7/03 197 1.28 7/03 206 1.33
7/04 198 1.26 1/04 194 1.30 1/04 207 1.33
1/05 201 1.24 7/04 198 1.28 7/04 210 1.31
7/05 205 1.21 1/05 200 1.26 1/05 214 1.29
1/06 207 1.20 7/05 204 1.24 7/05 221 1.24
7/06 210 1.19 1/06 205 1.23 1/06 225 1.22
1/07 213 1.17 7/06 214 1.18 7/06 227 1.21
7/07 216 1.15 1/07 217 1.17 1/07 230 1.20
1/08 217 1.15 7/07 219 1.16 7/07 232 1.19
7/08 222 1.12 1/08 219 1.16 1/08 232 1.19
1/09 228 1.09 7/08 225 1.12 7/08 239 1.15
7/09 228 1.09 1/09 231 1.10 1/09 251 1.10
1/10 228 1.09 7/09 231 1.10 7/09 248 1.11
7/10 229 1.09 1/10 229 1.10 1/10 248 1.11
1/11 229 1.09 7/10 229 1.10 7/10 249 1.10
7/11 233 1.07 1/11 229 1.10 1/11 250 1.10
1/12 235 1.06 7/11 233 1.09 7/11 254 1.08
7/12 237 1.05 1/12 236 1.07 1/12 257 1.07
1/13 239 1.04 7/12 240 1.05 7/12 261 1.05
7/13 241 1.03 1/13 242 1.05 1/13 264 1.04
1/14 243 1.02 7/13 245 1.03 7/13 266 1.03
7/14 245 1.02 1/14 247 1.02 1/14 269 1.02
1/15 247 1.01 7/14 249 1.02 7/14 270 1.02
7/15 249 1.00 1/15 251 1.01 1/15 274 1.00
1/16 249 1.00 7/15 253 1.00 7/15 277 0.99
1/16 253 1.00 1/16 275 1.00

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
17-7 Industrial Cost Trends
Page 8 FM Global Property Loss Prevention Data Sheets

UNITED STATES
COST TRENDS – INDUSTRIAL EQUIPMENT

1/80 = 100
Table 4 Table 5 Table 6A
FOUNDRY FORGE SHOP CLOTH WORKING
Date Ind. Mult. Date Ind. Mult. Date Ind. Mult.
1/90 158 1.53 1/90 184 1.71 1/90 160 1.44
1/91 161 1.50 1/91 195 1.62 1/91 167 1.38
1/92 165 1.46 1/92 200 1.58 1/92 174 1.33
1/93 166 1.45 1/93 206 1.53 1/93 177 1.31
1/94 170 1.42 1/94 210 1.50 1/94 177 1.31
1/95 171 1.41 1/95 216 1.46 1/95 180 1.28
1/96 178 1.35 1/96 222 1.42 1/96 183 1.26
1/97 183 1.32 1/97 228 1.38 1/97 187 1.24
1/98 185 1.30 1/98 232 1.36 1/98 188 1.23
1/99 190 1.27 1/99 238 1.32 1/99 188 1.23
1/00 192 1.26 1/00 241 1.31 1/00 188 1.23
1/01 195 1.24 1/01 245 1.29 1/01 189 1.22
7/01 195 1.24 7/01 247 1.28 1/02 188 1.23
1/02 194 1.24 1/02 244 1.29 7/02 191 1.21
7/02 194 1.24 7/02 243 1.30 1/03 192 1.20
1/03 194 1.24 1/03 244 1.29 7/03 193 1.20
7/03 194 1.24 7/03 243 1.30 1/04 195 1.18
1/04 195 1.24 1/04 243 1.30 7/04 196 1.18
7/04 196 1.23 7/04 246 1.28 1/05 198 1.17
1/05 198 1.22 1/05 249 1.27 7/05 201 1.15
7/05 203 1.19 7/05 255 1.24 1/06 203 1.14
1/06 205 1.18 1/06 259 1.22 7/06 203 1.14
7/06 210 1.15 7/06 263 1.20 1/07 204 1.13
1/07 212 1.14 1/07 266 1.18 7/07 205 1.13
7/07 215 1.12 7/07 268 1.18 1/08 206 1.12
1/08 216 1.12 1/08 268 1.18 7/08 210 1.10
7/08 221 1.09 7/08 276 1.14 1/09 214 1.08
1/09 227 1.06 1/09 287 1.10 7/09 215 1.07
7/09 225 1.07 7/09 284 1.11 1/10 214 1.08
1/10 225 1.07 1/10 286 1.10 7/10 216 1.07
7/10 225 1.07 7/10 286 1.10 1/11 216 1.07
1/11 225 1.07 1/11 286 1.10 7/11 219 1.05
7/11 228 1.06 7/11 291 1.08 1/12 220 1.05
1/12 231 1.04 1/12 293 1.08 7/12 222 1.04
7/12 233 1.03 7/12 297 1.06 1/13 224 1.03
1/13 234 1.03 1/13 300 1.05 7/13 226 1.02
7/13 236 1.02 7/13 304 1.04 1/14 227 1.02
1/14 236 1.02 1/14 308 1.02 7/14 228 1.01
7/14 238 1.01 7/14 310 1.02 1/15 230 1.00
1/15 239 1.01 1/15 314 1.00 7/15 230 1.00
7/15 241 1.00 7/15 317 0.99 1/16 231 1.00
1/16 241 1.00 1/16 315 1.00

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
Industrial Cost Trends 17-7
FM Global Property Loss Prevention Data Sheets Page 9

UNITED STATES
COST TRENDS – INDUSTRIAL EQUIPMENT

1/80 = 100

Table 6B
*COTTON & WOOLEN MILL Table 6C Table 7
OPENING THRU WEAVING BLEACHERY & FINISHING PAPER MILL
Date Ind. Mult. Date Ind. Mult. Date Ind. Mult.
1/90 170 1.36 1/90 154 1.58 1/90 160 1.76
1/91 175 1.32 1/91 174 1.40 1/91 164 1.72
1/92 185 1.25 1/92 179 1.36 1/92 169 1.67
1/93 190 1.22 1/93 182 1.34 1/93 171 1.65
1/94 187 1.24 1/94 182 1.34 1/94 172 1.64
1/95 196 1.18 1/95 187 1.30 1/95 174 1.62
1/96 206 1.12 1/96 192 1.27 1/96 179 1.58
1/97 200 1.16 1/97 192 1.27 1/97 182 1.55
1/98 195 1.18 1/98 192 1.27 1/98 186 1.52
1/99 196 1.18 1/99 192 1.27 1/99 189 1.49
1/00 191 1.21 1/00 190 1.28 1/00 192 1.47
1/01 189 1.22 1/01 193 1.26 1/01 194 1.45
7/01 187 1.24 7/01 192 1.27 7/01 195 1.45
1/02 188 1.23 1/02 192 1.27 1/02 194 1.45
7/02 188 1.23 7/02 200 1.22 7/02 195 1.45
1/03 193 1.20 1/03 200 1.22 1/03 196 1.44
7/03 196 1.18 7/03 201 1.21 7/03 195 1.45
1/04 196 1.18 1/04 202 1.20 1/04 197 1.43
7/04 198 1.17 7/04 205 1.19 7/04 201 1.40
1/05 200 1.16 1/05 208 1.17 1/05 208 1.36
7/05 204 1.13 7/05 211 1.15 7/05 213 1.32
1/06 204 1.13 1/06 213 1.14 1/06 222 1.27
7/06 206 1.12 7/06 214 1.14 7/06 227 1.24
1/07 208 1.11 1/07 216 1.12 1/07 229 1.23
7/07 209 1.11 7/07 217 1.12 7/07 237 1.19
1/08 210 1.10 1/08 218 1.11 1/08 239 1.18
7/08 213 1.08 7/08 222 1.09 7/08 243 1.16
1/09 215 1.07 1/09 227 1.07 1/09 255 1.11
7/09 216 1.07 7/09 226 1.08 7/09 258 1.09
1/10 216 1.07 1/10 225 1.08 1/10 254 1.11
7/10 218 1.06 7/10 228 1.07 7/10 256 1.10
1/11 219 1.05 1/11 229 1.06 1/11 262 1.08
7/11 222 1.04 7/11 232 1.05 7/11 265 1.06
1/12 223 1.04 1/12 233 1.04 1/12 271 1.04
7/12 225 1.03 7/12 236 1.03 7/12 273 1.03
1/13 226 1.02 1/13 237 1.03 1/13 275 1.03
7/13 227 1.02 7/13 238 1.02 7/13 276 1.02
1/14 228 1.01 1/14 240 1.01 1/14 276 1.02
7/14 230 1.00 7/14 241 1.01 7/14 278 1.01
1/15 230 1.00 1/15 242 1.00 1/15 281 1.00
7/15 232 1.00 7/15 243 1.00 7/15 282 1.00
1/16 231 1.00 1/16 243 1.00 1/16 282 1.00
*Formerly COTTON MILL
(Opening Through Weaving)

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
17-7 Industrial Cost Trends
Page 10 FM Global Property Loss Prevention Data Sheets

UNITED STATES
COST TRENDS – INDUSTRIAL EQUIPMENT

1/80 = 100

Table 8
PRINTING & Table 9 Table 10
PAPER CONVERTING WOODWORKING RUBBER MILL
Date Ind. Mult. Date Ind. Mult. Date Ind. Mult.
1/90 161 1.49 1/90 146 1.69 1/90 159 1.75
1/91 168 1.43 1/91 149 1.66 1/91 167 1.66
1/92 170 1.41 1/92 150 1.65 1/92 172 1.62
1/93 172 1.40 1/93 153 1.61 1/93 175 1.59
1/94 178 1.35 1/94 156 1.58 1/94 180 1.54
1/95 181 1.33 1/95 159 1.55 1/95 182 1.53
1/96 186 1.29 1/96 164 1.51 1/96 187 1.49
1/97 193 1.24 1/97 168 1.47 1/97 191 1.46
1/98 196 1.22 1/98 170 1.45 1/98 199 1.40
1/99 202 1.19 1/99 172 1.44 1/99 201 1.38
1/00 202 1.19 1/00 173 1.43 1/00 200 1.39
1/01 206 1.17 1/01 175 1.41 1/01 211 1.32
7/01 207 1.16 7/01 177 1.40 7/01 212 1.31
1/02 207 1.16 1/02 179 1.38 1/02 211 1.32
7/02 207 1.16 7/02 179 1.38 7/02 211 1.32
1/03 208 1.15 1/03 179 1.38 1/03 211 1.32
7/03 209 1.15 7/03 180 1.37 7/03 212 1.31
1/04 209 1.15 1/04 180 1.37 1/04 216 1.29
7/04 208 1.15 7/04 184 1.34 7/04 217 1.28
1/05 210 1.14 1/05 187 1.32 1/05 218 1.28
7/05 211 1.14 7/05 192 1.29 7/05 223 1.25
1/06 213 1.13 1/06 194 1.27 1/06 226 1.23
7/06 213 1.13 7/06 197 1.25 7/06 226 1.23
1/07 218 1.10 1/07 202 1.22 1/07 231 1.20
7/07 222 1.08 7/07 204 1.21 7/07 232 1.20
1/08 222 1.08 1/08 206 1.20 1/08 232 1.20
7/08 224 1.07 7/08 211 1.17 7/08 240 1.16
1/09 229 1.05 1/09 219 1.13 1/09 245 1.13
7/09 227 1.06 7/09 219 1.13 7/09 251 1.11
1/10 230 1.04 1/10 218 1.13 1/10 251 1.11
7/10 227 1.06 7/10 219 1.13 7/10 250 1.11
1/11 227 1.06 1/11 220 1.12 1/11 247 1.13
7/11 229 1.05 7/11 222 1.11 7/11 259 1.07
1/12 230 1.04 1/12 225 1.10 1/12 259 1.07
7/12 232 1.03 7/12 228 1.08 7/12 257 1.08
1/13 234 1.03 1/13 230 1.07 1/13 259 1.07
7/13 236 1.02 7/13 233 1.06 7/13 265 1.05
1/14 237 1.01 1/14 234 1.06 1/14 266 1.05
7/14 236 1.02 7/14 239 1.03 7/14 267 1.04
1/15 238 1.01 1/15 244 1.01 1/15 268 1.04
7/15 239 1.00 7/15 243 1.02 7/15 279 1.00
1/16 240 1.00 1/16 247 1.00 1/16 278 1.00

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
Industrial Cost Trends 17-7
FM Global Property Loss Prevention Data Sheets Page 11

UNITED STATES
COST TRENDS – INDUSTRIAL EQUIPMENT

1/80 = 100

Table 12
Table 11 SPECIAL ENGINEERED Table 13
FOOD EQUIPMENT ELECTRONICS
Date Ind. Mult. Date Ind. Mult. Date Ind. Mult.
1/90 156 1.72 1/90 155 1.83 1/90 155 1.46
1/91 158 1.70 1/91 158 1.79 1/91 161 1.40
1/92 161 1.66 1/92 159 1.78 1/92 165 1.37
1/93 161 1.66 1/93 161 1.76 1/93 170 1.33
1/94 165 1.62 1/94 164 1.73 1/94 173 1.31
1/95 169 1.59 1/95 169 1.67 1/95 176 1.28
1/96 174 1.54 1/96 174 1.63 1/96 180 1.26
1/97 175 1.53 1/97 175 1.62 1/97 184 1.23
1/98 178 1.51 1/98 178 1.59 1/98 186 1.22
1/99 179 1.50 1/99 178 1.59 1/99 186 1.22
1/00 179 1.50 1/00 178 1.59 1/00 187 1.21
1/01 183 1.46 1/01 178 1.59 1/01 191 1.18
7/01 185 1.45 7/01 182 1.55 7/01 192 1.18
1/02 185 1.45 1/02 182 1.55 1/02 190 1.19
7/02 186 1.44 7/02 184 1.54 7/02 191 1.18
1/03 187 1.43 1/03 190 1.49 1/03 190 1.19
7/03 188 1.43 7/03 192 1.47 7/03 192 1.18
1/04 189 1.42 1/04 196 1.44 1/04 194 1.16
7/04 194 1.38 7/04 209 1.35 7/04 195 1.16
1/05 198 1.35 1/05 224 1.26 1/05 198 1.14
7/05 202 1.33 7/05 228 1.24 7/05 201 1.12
1/06 205 1.31 1/06 228 1.24 1/06 201 1.12
7/06 208 1.29 7/06 234 1.21 7/06 203 1.11
1/07 219 1.22 1/07 247 1.15 1/07 204 1.11
7/07 224 1.20 7/07 252 1.12 7/07 206 1.10
1/08 226 1.19 1/08 249 1.14 1/08 207 1.09
7/08 233 1.15 7/08 265 1.07 7/08 211 1.07
1/09 238 1.13 1/09 283 1.00 1/09 216 1.05
7/09 238 1.13 7/09 255 1.11 7/09 215 1.05
1/10 237 1.13 1/10 258 1.10 1/10 216 1.05
7/10 241 1.11 7/10 272 1.04 7/10 216 1.05
1/11 241 1.11 1/11 272 1.04 1/11 215 1.05
7/11 244 1.10 7/11 287 0.99 7/11 218 1.04
1/12 247 1.09 1/12 289 0.98 1/12 219 1.03
7/12 252 1.06 7/12 291 0.97 7/12 222 1.02
1/13 253 1.06 1/13 285 0.99 1/13 222 1.02
7/13 257 1.04 7/13 286 0.99 7/13 222 1.02
1/14 259 1.03 1/14 287 0.99 1/14 223 1.01
7/14 263 1.02 7/14 291 0.97 7/14 225 1.00
1/15 266 1.01 1/15 294 0.96 1/15 226 1.00
7/15 269 1.00 7/15 287 0.99 7/15 226 1.00
1/16 268 1.00 1/16 283 1.00 1/16 226 1.00

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
17-7 Industrial Cost Trends
Page 12 FM Global Property Loss Prevention Data Sheets

UNITED STATES
COST TRENDS – INDUSTRIAL EQUIPMENT

1/80 = 100

Table 14 Table 15 Table 16

PLASTICS, MOLDING TOBACCO BREWERY
& EXTRUDING (Annual as of January) (Annual as of July)
(Annual as of July) Date Ind. Mult. Date Ind. Mult.
Date Ind. Mult. 1/94 241 1.71 7/94 150 1.56
7/94 164 1.35 1/95 249 1.65 7/95 155 1.51
7/95 171 1.29 1/96 256 1.61 7/96 155 1.51
7/96 172 1.28 1/97 265 1.55 7/97 158 1.48
7/97 176 1.26 1/98 269 1.53 7/98 160 1.46
7/98 179 1.23 1/99 280 1.47 7/99 160 1.46
7/99 182 1.21 1/00 280 1.47 7/00 162 1.44
7/00 184 1.20 1/01 284 1.45 7/01 165 1.42
7/01 187 1.18 1/02 285 1.44 7/02 165 1.42
7/02 184 1.20 1/03 287 1.43 7/03 168 1.39
7/03 184 1.20 1/04 289 1.42 7/04 173 1.35
7/04 187 1.18 1/05 289 1.42 7/05 184 1.27
7/05 193 1.15 1/06 306 1.34 7/06 189 1.24
7/06 195 1.13 1/07 308 1.33 7/07 199 1.18
7/07 200 1.10 1/08 328 1.25 7/08 209 1.12
7/08 203 1.09 1/09 341 1.21 7/09 215 1.09
7/09 210 1.05 1/10 354 1.16 7/10 215 1.09
7/10 209 1.06 1/11 365 1.13 7/11 218 1.07
7/11 212 1.04 1/12 388 1.06 7/12 225 1.04
7/12 213 1.04 1/13 392 1.05 7/13 226 1.04
7/13 216 1.02 1/14 395 1.04 7/14 230 1.02
7/14 218 1.01 1/15 403 1.02 7/15 234 1.00
7/15 221 1.00 1/16 411 1.00

©2016 Factory Mutual Insurance Company. All rights reserved.

 9-3
Industrial Cost Trends 17-7
FM Global Property Loss Prevention Data Sheets Page 13

UNITED STATES
COST TRENDS – INDUSTRIAL EQUIPMENT

Table 17
HYDROELECTRIC PLANTS
(U.S. Average)
Ind. (1973
Date Mult.
= 100)
7/95 290 1.76
7/96 299 1.70
7/97 306 1.66
7/98 315 1.61
7/99 320 1.59
7/00 325 1.57
7/01 334 1.52
7/02 340 1.50
7/03 346 1.47
7/04 349 1.46
7/05 367 1.39
7/06 384 1.33
7/07 398 1.28
7/08 423 1.20
7/09 450 1.13
7/10 438 1.16
7/11 456 1.12
7/12 468 1.09
7/13 476 1.07
7/14 492 1.03
1/14 489 1.04
1/15 509 1.00

©2016 Factory Mutual Insurance Company. All rights reserved.