Chemical Engineering July 2017 - 66

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
Apr. '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 _________________________________
566.8
684.2
600.9
672.2
885.0
404.4
978.6
515.5
735.7
324.6
556.7
315.2
Mar. '17
Final
561.9
676.6
590.9
672.1
863.7
403.2
982.3
514.3
733.3
325.8
555.1
314.7
Apr. '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
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 '17 = 101.2
Apr. '17 = 1,831.9
May '17 = 76.1
May '17 = 257.3
May '17 = 103.3
May '17 = 174.6
May '17 = 101.2
PREVIOUS
Apr. '17 = 101.1
Mar. '17 = 1,830.1
Apr. '17 = 76.0
Apr. '17 = 256.5
Apr. '17 = 103.7
Apr. '17 = 177.4
Apr. '17 = 100.9
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. '17 = 100.9
Feb. '17 = 1,842.8
Mar. '17 = 75.8
Mar. '17 = 251.8
Mar. '17 = 102.6
Mar. '17 = 172.3
Mar. '17 = 102.2
YEAR AGO
May '16 = 100.4
Apr. '16 = 1,690.2
May '16 = 75.9
May '16 = 226.9
May '16 = 101.9
May '16 = 163.7
May '16 = 102.0
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
CHEMICAL
ENGINEERING
ESSENTIALS FOR THE CPI PROFESSIONAL
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he preliminary value for the April CE
Plant Cost Index (CEPCI; top; most recent
available) rose compared to the previous
month's value, making it the seventh
straight month of increasing values. The
gain in the overall PCI was driven by significant
jumps in several categories within
the Equipment subindex, such as Pipes,
Valves & Fittings and Heat Exchangers &
Tanks. The Buildings and Engineering &
Supervision subindices increased slightly
in April, while the Construction Labor
subindex declined by a small margin. The
preliminary overall monthly CEPCI value
for April 2017 stands at 5.4% higher than
the corresponding value from April 2016.
Meanwhile, the latest Current Business Indicators
(CBI; middle) saw the CPI Output
Index for May edge upward slightly.
JULY 2017
T
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5/24/16 4:43 PM
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Chemical Engineering July 2017

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