Chemical Engineering July 2016 - 64

Economic Indicators
Download the CEPCI two weeks sooner at www.chemengonline.com/pci
2014
2015
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
Apr. '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 _________________________________
537.3
640.4
548.8
648.4
801.6
382.8
970.5
508.2
701.5
324.4
540.8
316.7
Mar. '16
Final
535.3
638.0
545.2
644.8
800.3
383.0
969.7
508.3
697.4
323.3
538.4
315.7
625
Apr.'15
Final
562.9
678.8
609.7
663.8
845.6
402.0
958.4
511.9
741.7
323.8
545.0
319.0
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
May '16 = 101.6
Apr. '16 = 1,713.2
May '16 = 74.7
May '16 = 225.0
May '16 = 102.8
May '16 = 164.4
May '16 = 101.5
PREVIOUS
Apr.'16 = 101.7
Mar.'16 = 1,702.4
Apr.'16 = 74.7
Apr.'16 = 221.6
Apr.'16 = 103.2
Apr.'16 = 161.2
Apr.'16 = 101.9
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.
Mar.'16 = 102.2
Feb.'16 = 1,667.8
Mar.'16 = 75.1
Mar.'16 = 219.2
Mar.'16 = 103.0
Mar.'16 = 160.1
Mar.'16 = 102.5
YEAR AGO
May '15 = 101.2
Apr. '15 = 1,869.1
May '15 = 74.9
May '15 = 248.5
May '15 = 103.0
May '15 = 159.1
May '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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27206
he April 2016 preliminary value for
the CE Plant Cost Index (CEPCI; top;
the most recent available) rose from the
previous month, with all four major subindices
experiencing increases. The March
final values were upwardly revised from
the values reported last month. The preliminary
April 2016 CEPCI value is 4.5%
lower than the corresponding value from
April last year. This is again a smaller yearover-year
difference than in the preceding
several months. Meanwhile, the latest
Current Business Indicators (CBI; middle)
for May 2016 showed a small decrease
in the CPI output index compared to the
previous month. The April CPI value of
output index was higher than the previous
month, and producer prices edged
higher again in May.
64
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ChemiCal engineering www.Chemengonline.Com july 2016
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Chemical Engineering July 2016

Table of Contents for the Digital Edition of Chemical Engineering July 2016
