Price Indexes and Discount Rates | NRCS Economics
Price Index with Web Sources
Quick spreadsheet of the most common indexes and discount rates (xls, 156KB)Updated Monthly
Use of the Discount Rate in Conservation Programs and Projects (PP, 198 KB)
CPI: 1913 to current InflationData.com
ENR: 1908 to current Engineering News-Record.com
Bureau of Reclamation Construction Cost Trends
US Census Bureau Houses Under Construction Fixed Weighted Index
(look under methodology tab).
Water Resource Project Discount Rates
Part 613 NRCS National Resource Economics Handbook, Payment Schedules (PDF, 286 KB)
The FY2014 Water Resource Project Discount Rate is 3.50%.
OMB Circular No. A-94, Discount Rates For Cost-Effectiveness, Lease Purchase, and Related Analyses.
OMB Circular No. A-94, APPENDIX C (Revised December, 2013), Discount Rates For Cost-Effectiveness, Lease Purchase, and Related Analyses. Use 3.0% for all non-PL566 watershed analysis for FY2012 payment schedules and other analysis in 2014.
OMB Circular No. A-4 Regulatory Analysis should use 7%, with 3% and 10% for sensitivity analysis.
Land Values for all US counties 1850 to 1992. Use NASS and the Ag. Census for later land values.
Current Normalized Prices for use by Federal agencies in water and related land resource planning.
Historic Normalized Prices
Recreational and Water Quality Benefits
NRCS Interest and Annuity Spreadsheet (xls, 267 KB)
Wallet Size Amortization Tables (xls, 45.5 KB)
Economagic Public Economic Data Site
Agricultural Prices and Indexes are available through the National Agricultural Statistics Service Home Page. On the Home page, select "Publications". On the publications page, select "Reports by Commodity". On the Reports by Commodity page, scroll down to "Prices Paid by Farmers", then click on "Look up Reports". Next click on "July Annual to get the Annual Agricultural Price and index Report. This will give you the index data you are looking for. There is also a wealth of other information available through the NASS Home Page. Agricultural Prices
The BEA Regional Projections, 1969 to 2045 spreadsheet (xls, 3.88 MB) (formerly OBERS) projections are available.
This spreadsheet includes employment, earnings, and gross sector production by industrial sector, by state and MSA annually 1969 to 1993, plus forecasts through 2045. Some items, like content (not buildings) flood damages, can include future increases based on these GDP type projections. BEA has since discontinued their Regional Projections Program: Discontinuation of the Regional Projections Program (PDF,660 KB)
Instructions on the use of these regional projections for estimating future flood damages are included in Principles and Guidelines for Water Resource Projects,(PDF, 1.22MB) section 2.4.11(c), Pages 36-37 and page 47.
Construction Costs Indexes include:
NRCS Economics Handbooks