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nine per cent more than in the previous quarter and six per cent more than the 1961 average. The structure index was up only one half of one per cent over the previous quarter and less than two per cent over the 1961 average.
The Department announced that its cost index was prepared for the first time on the basis of 1957-59 quantities and prices. This was done, a Department official said, “following |fie lead of the Bureau of Public Roads and some four other states.”
A price index previously released by the Bureau of Public Roads showed that the cost of highway construction nationally in the second quarter of 1962 was 97.0 per cent of the 1957-59 average, while Virginia’s for the same quarter was 98.0 per cent.
84.0%