Chemical Engineering December 2017 - 168

Economic Indicators
2015
2016
Download the CEPCI two weeks sooner at www.chemengonline.com/pci
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
625
Sept. '17
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 _________________________________
574.0
692.5
606.9
685.4
897.4
411.1
985.0
521.9
741.8
334.0
564.8
310.2
Aug. '17
Final
571.9
690.6
605.8
684.8
892.7
405.9
984.7
521.7
741.4
330.0
562.6
310.5
Sept. '16
Final
542.8
647.4
556.7
653.6
813.6
390.1
966.0
510.9
705.9
328.3
547.3
314.4
Starting with the April 2007 Final numbers, several of the data series for labor and compressors have been converted to
accommodate series IDs that were discontinued by the U.S. Bureau of Labor Statistics
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
Oct. '17 = 102.9
Sept. '17 = 1,850.8
Oct. '17 = 77.0
Oct. '17 = 262.5
Oct. '17 = 104.8
Oct. '17 = 181.9
Oct. '17 = 102.9
PREVIOUS
Sept. '17 = 100.2
Aug. '17 = 1,828.2
Sept. '17 = 75.0
Sept. '17 = 249.3
Sept. '17 = 103.5
Sept. '17 = 179.9
Sept. '17 = 98.6
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.
Aug. '17 = 100.7
Jul. '17 = 1,810.7
Aug. '17 = 75.5
Aug. '17 = 249.9
Aug. '17 = 103.1
Aug. '17 = 177.3
Aug. '17 = 100.7
YEAR AGO
Sept. '16 = 99.8
Aug. '16 = 1,732.0
Sept. '16 = 75.2
Sept. '16 = 232.7
Sept. '16 = 102.2
Sept. '16 = 170.8
Sept. '16 = 101.5
CPI OPERATING RATE (%)
Annual Index:
2009 = 521.9
2010 = 550.8
2011 = 585.7
2012 = 584.6
2013 = 567.3
2014 = 576.1
2015 = 556.8
2016 = 541.7
600
575
550
525
500
J F M A M J J A S O N D
2017
CURRENT TRENDS
T
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he preliminary value for the September
CE Plant Cost Index (CEPCI;
top; most recent available) increased
compared to the previous month's value
for the fourth consecutive month. The
Equipment, Construction Labor and
Buildings
subindices
all increased in
September from August values. The
September value for the Engineering
and Supervision subindex saw a small
decline. The preliminary overall monthly
CEPCI
value
for
September 2017
stands at 5.75% higher than the corresponding
value from September 2016.
Meanwhile, the latest Current Business
Indicators (CBI; middle) showed an increase
in the CPI output index for October,
and an increase for the CPI value of
output for September.
168
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DECEMBER 2017
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Chemical Engineering December 2017

Table of Contents for the Digital Edition of Chemical Engineering December 2017
