Chemical Engineering August 2013 - 58

Economic Indicators
2011
2012
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
May. '13
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
566.4
685.4
624.3
655.0
863.4
410.8
919.3
513.1
741.7
319.1
534.0
326.0
Apr. '13
Final
569.4
689.5
626.2
656.5
875.6
413.2
924.5
512.6
746.8
319.8
536.5
327.6
May. '12
Final
593.8
726.2
683.6
680.1
926.7
428.9
928.1
515.2
763.8
322.9
527.7
328.3
DOWNLOAD THE CEPCI TWO WEEKS SOONER AT WWW.CHE.COM/PCI
650
Annual
Index:
600
2005 = 468.2
2006 = 499.6
2007 = 525.4
2008 = 575.4
2009 = 521.9
2010 = 550.8
2011 = 585.7
2012 = 584.6
550
500
450
400
J F M A M J J A S O N D
CURRENT BUSINESS INDICATORS
CPI output index (2007 = 100)
CPI value of output, $ billions
CPI operating rate, %
Producer prices, industrial chemicals (1982 = 100)
Industrial Production in Manufacturing (2007 = 100)
Hourly earnings index, chemical & allied products (1992 = 100)
Productivity index, chemicals & allied products (1992 = 100)
CPI OUTPUT INDEX (2007 = 100)
100
110
120
70
80
90
J F M A M J J A S O N D
1000
1300
1600
1900
2200
2500
J F M A M J J A S O N D
Current Business Indicators provided by IHS Global Insight, Inc., Lexington, Mass.
Equipment Cost Index Available
Exclusively from Marshall & Swift
Quarterly updates of our industry-leading Equipment Cost Index
are now available at www.equipment-cost-index.com.
56 CHEMICAL ENGINEERING WWW.CHE.COM AUGUST 2013
CURRENT TRENDS
P
reliminary data for the May
2013 CE Plant Cost Index
(CEPCI; top; the most recent
available) indicate that the composite
index decreased by 0.5%
from the the final April value.
The data for each of the subindices
decreased in the May
preliminary numbers, except
for the index value for electrical
equipment, which rose. The
May 2013 preliminary PCI index
value stands at 4.6% lower than
the corresponding final PCI value
from May 2012. Meanwhile, the
latest Current Business Indicators
from IHS Global Insight (middle)
moved in both directions, with
the CPI output index edging
slightly downward, while the CPI
value of output increased slightly
in the latest numbers.
■
LATEST
Jun. '13 =
Jun. '13 =
Jun. '13 =
Jun. '13 =
Jun. '13 =
87.9 May. '13 =
May. '13 = 2,122.3
Jun. '13 =
74.5 May. '13 =
PREVIOUS
88.1 Apr.'13 =
Apr. '13 = 2,098.1
74.7 Apr.'13 =
304.0 May. '13 = 301.7 Apr.'13 =
95.7 May. '13 =
95.5 Apr.'13 =
156.2 May. '13 = 156.6 Apr.'13 =
104.0 May. '13 = 104.7 Apr.'13 =
CPI OUTPUT VALUE ($ BILLIONS)
60
65
70
75
80
85
J F M A M J J A S O N D
YEAR AGO
87.7 Jun'12 =
308.7 Jun'12 =
95.2 Jun'12 =
155.3 Jun'12 =
104.4 Jun'12 =
CPI OPERATING RATE (%)
86.5
Mar.'13 = 2,126.0 May'12 = 2,127.1
74.3 Jun'12 =
299.4
94.0
156.3
105.9
74.0
2013
http://WWW.CHE.COM/PCI http://www.equipment-cost-index.com http://WWW.CHE.COM
Chemical Engineering August 2013

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