Chemical Engineering February 2017 - 72

Economic Indicators
2014
2015
Download the CEPCI two weeks sooner at www.chemengonline.com/pci
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
625
Nov. '16
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 _________________________________
546.6
654.0
567.6
662.7
818.9
394.2
966.0
510.7
707.9
326.0
545.9
314.0
Oct. '16
Final
543.1
647.6
557.1
653.3
811.0
390.0
966.0
511.5
710.4
329.3
546.7
313.7
Nov. '15
Final
542.8
648.9
566.5
653.0
803.4
386.4
956.5
508.4
713.4
323.7
538.9
317.1
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
Dec. '16 = 100.9
Nov. '16 = 1,777.2
Dec. '16 = 74.1
Dec. '16 = 239.2
Dec. '16 = 103.2
Dec. '16 = 170.1
Dec. '16 = 100.3
PREVIOUS
Nov. '16 = 101.3
Oct. '16 = 1,780.7
Nov. '16 = 74.4
Nov. '16 = 239.8
Nov. '16 = 103.0
Nov. '16 = 169.2
Nov. '16 = 100.8
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.
Oct. '16 = 100.7
Sept. '16 = 1,757.8
Oct. '16 = 73.9
Oct. '16 = 233.4
Oct. '16 = 103.2
Oct. '16 = 170.8
Oct. '16 = 99.8
YEAR AGO
Dec. '15 = 101.5
Nov. '15 = 1,746.6
Dec. '15 = 74.6
Dec. '15 = 230.1
Dec. '15 = 103.0
Dec. '15 = 159.5
Dec. '15 = 102.0
CPI OPERATING RATE (%)
Annual Index:
2008 = 575.4
2009 = 521.9
2010 = 550.8
2011 = 585.7
2012 = 584.6
2013 = 567.3
2014 = 576.1
2015 = 556.8
600
575
550
525
500
J F M A M J J A S O N D
2016
CURRENT TRENDS
T
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72
Managing Vapor and
Particulate Emissions
Guidebook
he preliminary value for the November
CE Plant Cost Index (CEPCI; top; the
most recent available) experienced a jump
from the previous month's value, due
largely to fresh data on carbon-steel plates
from the Bureau of Labor Statistics that
pushed the Equipment subindex higher.
The Construction Labor and Buildings
subindices saw small declines, while the
Engineering & Supervision subindex rose
slightly. The preliminary November 2016
CEPCI value stands at 0.7% higher than
the corresponding value from November
2015. This marks the first time the current
value has exceeded the year-before value
since January 2015. Meanwhile, the latest
Current Business Indicators (CBI; middle)
for December 2016 saw a small decrease
in the CPI Output Index.
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
FEBRUARY 2017
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Chemical Engineering February 2017

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