Inflation-adjusted

Inflation-adjusted refers to a value or measurement that has been recalibrated to account for changes in the cost of goods and services due to inflation. This adjustment is typically made annually and is based on the cost of buying the same goods and services each year. When analyzing performance over multiple years, it is important to consider inflation-adjusted performance to accurately compare values. Historical values should also be inflation-adjusted using an appropriate location-specific inflation index.From: Technomics [2019], Quality Management for Organizations Using Lean Six Sigma Techniques [2019], Improving precision in earthquake loss estimation [2018]

Reality of Losses

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Purchase Book

Published in Adam M. Pilarski, Why Can’t We Make Money in Aviation?, 2016

Adam M. Pilarski

Profits, by definition, are the difference between revenues and costs. Table 1.1 shows operating profits for the airline industry based on International Civil Aviation Organization (ICAO) statistics going back to 1947. The data are presented both in nominal (current dollar) and real (inflation-adjusted) terms. In general, the US aviation industry has the best statistics available; hence the book will often use those data when similar numbers for the world as a whole are not available. In the case of profits, though, ICAO does have a series of world data. Those statistics plus the data for the US are reproduced in Figures 1.1 and 1.2.

Improving precision in earthquake loss estimation

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Journal Information

Published in Sustainable and Resilient Infrastructure, 2018

Akhilesh Chandra, Qindan Huang, David A. Roke, Kallol Sett

First, in contrast to HAZUS, which quantifies the content replacement cost as 100% of the building construction cost, we suggest the use of objective sources to calculate and assess content costs. Consulting firms, trade associations, industry organizations, and government bodies regularly conduct studies on various aspects of a typical organization for different regions and industry segments. Some of these aspects include space, content, and cost of contents in an entity. Historical values should be inflation adjusted using an appropriate location-specific inflation index.

Inflation-adjusted

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Reality of Losses

Improving precision in earthquake loss estimation