Chemical Engineering January 2018 - 66

Economic Indicators
2015
2016
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CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
625
Oct. '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 _________________________________
575.1
695.0
610.0
689.8
900.3
409.1
985.3
521.7
746.7
331.2
565.6
309.6
Sept. '17
Final
574.0
692.5
606.8
685.3
897.4
411.0
985.0
521.9
741.8
334.3
564.9
309.8
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
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
Nov. '17 = 103.2
Oct. '17 = 1,876.3
Nov. '17 = 77.1
Nov. '17 = 262.2
Nov. '17 = 104.8
Nov. '17 = 182.2
Nov. '17 = 102.5
PREVIOUS
Oct. '17 = 102.7
Sept. '17 = 1,856.7
Oct. '17 = 76.9
Oct. '17 = 262.5
Oct. '17 = 104.7
Oct. '17 = 182.5
Oct. '17 = 102.6
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.
Sept. '17 = 100.2
Aug. '17 = 1,828.2
Sept. '17 = 75.0
Sept. '17 = 249.3
Sept. '17 = 103.2
Sept. '17 = 180.0
Sept. '17 = 98.2
YEAR AGO
Nov. '16 = 100.5
Oct. '16 = 1,753.1
Nov. '16 = 75.8
Nov. '16 = 238.9
Nov. '16 = 102.4
Nov. '16 = 169.5
Nov. '16 = 102.6
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
Hot Topics
in the
Chemical
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Valves
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CHEMICAL
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CHEMICAL
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64
Managing Vapor and
Particulate Emissions
Guidebook
T
he preliminary value for the October
CE Plant Cost Index (CEPCI; top;
most recent available) increased compared
to the previous month's value for
the fifth consecutive month. Increases in
October for the Equipment and Buildings
subindexes offset small decreases in the
Construction Labor and Engineering &
Supervision subindexes. The preliminary
overall monthly CEPCI value for October
2017 stands at 5.9% higher than the
corresponding value from 2016. Meanwhile,
the latest Current Business Indicators
(CBI; middle) showed increases
in the CPI output index for November,
and the CPI value of output for October,
along with a small decrease in producer
prices for November. The CPI operating
rate also inched up for November.
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
JANUARY 2018
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Chemical Engineering January 2018

Table of Contents for the Digital Edition of Chemical Engineering January 2018
