Escalation and Economic Indexes

Economic Indexes

DCAA uses Economic Indexes in Proposal Audits. DCAA considers both inflation (cost of living) as well as the effects of other general economic changes. That information is can only be obtained via DCAA's Intranet, which means it is unavailable to the general public. The location of the "internal " information is DCAAP 7641.74, Use of Economic Indexes in Contract Audits.

If labor rates are to be adjusted to account for inflation alone, the Consumer Price Index, Urban Wage Earners and Clerical Workers (CPIW) should be used.

Labor Escalation

Common Escalation Factors for Labor are:

• Global Insight

• Consumer Price Index

Global Insight

http://www.ihs.com/products/global-insight/country-analysis/us-industry-economic-forecasts.aspx

Related Pages

Consumer Price Index, Urban Wage Earners and Clerical Workers (CPIW)

Employment Cost Index (ECI)

Escalation and Economic Indexes

Producer Price Index (PPI)