Chemical Engineering July 2013 - 62

Economic Indicators
2011
2012
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
Apr. '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
569.5
689.5
626.2
656.5
875.6
413.3
924.5
512.6
746.8
319.8
536.5
328.1
Mar. '13
Final
568.3
688.2
624.2
651.1
879.8
414.3
920.4
514.4
741.1
319.2
534.4
326.4
Apr. '12
Final
595.9
730.2
686.9
680.7
935.7
430.8
921.8
514.9
774.2
320.7
527.1
328.4
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.
60 CHEMICAL ENGINEERING WWW.CHE.COM JULY 2013
CURRENT TRENDS
P
reliminary data for the April
2013 CE Plant Cost Index
(CEPCI; top; the most recent available)
indicate that the composite
index increased by 0.2% compared
to the final March value,
reversing three consecutive decreases
in the months prior. The
higher numbers included increases
in a number of subindices, such as
process machinery, pumps & compressors
and heat exchangers &
tanks. The April 2013 preliminary
PCI index value stands at 4.4%
lower than the corresponding final
PCI value from April 2012. Meanwhile,
the latest Current Business
Indicators from IHS Global Insight
(middle) moved in both directions,
with CPI output index inching
higher while CPI value of output
decreased slightly.
■
LATEST
May. '13 =
87.8 Apr.'13 =
Apr. '13 = 2,089.2
May. '13 =
May. '13 =
May. '13 =
May. '13 =
May. '13 =
74.1 Apr.'13 =
PREVIOUS
87.6 Mar.'13 =
Mar.'13 = 2,126.0
74.1 Mar.'13 =
301.7 Apr.'13 = 308.7 Mar.'13 =
95.3 Apr.'13 =
95.2 Mar.'13 =
156.2 Apr.'13 = 154.6 Mar.'13 =
104.8 Apr.'13 = 104.4 Mar.'13 =
CPI OUTPUT VALUE ($ BILLIONS)
60
65
70
75
80
85
J F M A M J J A S O N D
Feb.'13 = 2,228.4
YEAR AGO
88.0 May'12 =
74.5 May'12 =
313.5 May'12 =
95.5 May'12 =
154.6 May'12 =
104.7 May'12 =
86.7
Apr.'12 = 2,142.5
74.2
321.2
93.7
157.1
106.0
CPI OPERATING RATE (%)
2013
http://WWW.CHE.COM/PCI http://www.equipment-cost-index.com http://WWW.CHE.COM
Chemical Engineering July 2013

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