Chemical Engineering April 2020 - 68

Economic Indicators
2018
2019
2020
Download the CEPCI two weeks sooner at www.chemengonline.com/pci
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
Jan. '20
Prelim.
CE Index ______________________________________________
Equipment ____________________________________________
Heat exchangers & tanks _________________________________
Process machinery _____________________________________
Pipe, valves & fittings ____________________________________
Process instruments ____________________________________
Pumps & compressors ___________________________________
Electrical equipment ____________________________________
Structural supports & misc. ________________________________
Construction labor _______________________________________
Buildings _____________________________________________
Engineering & supervision _________________________________
596.2
724.1
618.7
721.7
957.3
419.1
1080.2
563.8
767.1
333.8
588.3
313.7
Dec. '19
Final
592.1
716.9
611.0
714.5
951.1
419.0
1075.8
561.9
750.2
338.5
585.7
312.7
625
Jan. '19
Final
618.7
756.9
676.5
732.2
978.9
416.0
1060.6
554.7
841.1
333.9
601.6
316.9
Starting in April 2007, several data series for labor and compressors were converted to accommodate series IDs discontinued by the
U.S. Bureau of Labor Statistics (BLS). Starting in March 2018, the data series for chemical industry special machinery was replaced
because the series was discontinued by BLS (see Chem. Eng., April 2018, p. 76-77.)
CURRENT BUSINESS INDICATORS
CPI output index (2012 = 100) ____________________________________________________
CPI value of output, $ billions _____________________________________________________
CPI operating rate, % __________________________________________________________
Producer prices, industrial chemicals (1982 = 100) ____________________________________
Industrial Production in Manufacturing (2012 =100)* ___________________________________
Hourly earnings index, chemical & allied products (1992 = 100) ____________________________
Productivity index, chemicals & allied products (1992 = 100) ______________________________
CPI OUTPUT INDEX (2000 = 100)†
100
105
110
75
80
85
90
95
J F M A M J J A S O N D
1700
1800
1900
2000
2100
2200
2300
J F M A M J J A S O N D
LATEST
Feb. '20 = 102.4
Jan. '20 = 1,996.6
Feb. '20 = 76.1
Feb. '20 = 241.9
Feb. '20 = 104.9
Feb. '20 = 186.1
Feb. '20 = 99.2
PREVIOUS
Jan. '20 = 103.1
Dec. '19 = 2,022.0
Jan. '20 = 76.6
Jan. '20 = 245.8
Jan. '20 = 104.8
Jan. '20 = 188.2
Jan. '20 = 99.2
CPI OUTPUT VALUE ($ BILLIONS)
70
72
74
76
78
80
J F M A M J J A S O N D
*Due to discontinuance, the Index of Industrial Activity has been replaced by the Industrial Production in Manufacturing index from the U.S. Federal Reserve Board.
†For the current month's CPI output index values, the base year was changed from 2000 to 2012
Current business indicators provided by Global Insight, Inc., Lexington, Mass.
CURRENT TRENDS
EXCLUSIVE AD SPACE AVAILABLE!
Feature your marketing message alongside this popular editorial department
Each issue includes editorial departments that feature the current industry trends and
the Plant Cost Index. As one of the most valued sections in the magazine, your ad is
guaranteed to reach decision makers each month. Ad runs opposite Cover 3 within
the Economic Indicators department.
Contact your sales representative for more information:
JASON BULLOCK
jbullock@chemengonline.com
713-974-0911
TERRY DAVIS
tdavis@chemengonline.com
404-634-5123
PETRA TRAUTES
ptrautes@accessintel.com
+49 69 58604760
27206
T
he preliminary value for the CE Plant
Cost Index (CEPCI; top) for January
2020 (the most recent available) increased
from the previous month's value,
reversing a general downward trend that
has continued for most of 2019. Of the
four major subindices comprising the
overall CEPCI, the Equipment, Buildings,
and Engineering & Supervision subindices
increased in January, while the Construction
Labor subindex saw a small decrease.
The current CEPCI value is 3.6%
lower than the corresponding value from
a year ago at the same time.
The annual average CEPCI value
for 2019 was calculated to be 607.5,
which is higher than the yearly average
value for 2018 despite the generally
decreasing trend in the monthly values.
68
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
APRIL 2020
Dec. '19 = 102.2
Nov. '19 = 1,987.5
Dec. '19 = 76.0
Dec. '19 = 242.9
Dec. '19 = 105.0
Dec. '19 = 187.9
Dec. '19 = 98.1
YEAR AGO
Feb. '19 = 103.1
Jan. '19 = 1,938.3
Feb. '19 = 77.4
Feb. '19 = 257.4
Feb. '19 = 105.3
Feb. '19 = 185.3
Feb. '19 = 97.1
CPI OPERATING RATE (%)
Annual Index:
2012 = 584.6
2013 = 567.3
2014 = 576.1
2015 = 556.8
2016 = 541.7
2017 = 567.5
2018 = 603.1
2019 = 607.5
600
575
550
525
500
J F M A M J J A S O N D
http://www.chemengonline.com/pci http://WWW.CHEMENGONLINE.COM
Chemical Engineering April 2020

Table of Contents for the Digital Edition of Chemical Engineering April 2020
