Chemical Engineering June 2018 - 114

Economic Indicators
2016
2017
Download the CEPCI two weeks sooner at www.chemengonline.com/pci
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
625
Mar. '18
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 _________________________________
587.8
712.7
624.9
702.4
930.4
418.1
1017.7
532.8
762.5
331.6
582.2
311.0
Feb. '18
Final
581.0
703.3
616.2
700.3
903.6
416.9
1009.6
532.0
755.5
330.3
576.5
310.7
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
Starting in April 2007, several data series for labor and compressors were converted to accommodate series IDs discontinued by
the U.S. Bureau of Labor Statistics (BLS). Starting in March 2018, the data series for chemical industry special machinery was
replaced because the series was discontinued by BLS (see Chem. Eng., April 2018, p. 76-77.)
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
Apr. '18 = 102.3
Mar. '18 = 1,988.8
Apr. '18 = 76.2
Apr. '18 = 265.8
Apr. '18 = 104.1
Apr. '18 = 186.4
Apr. '18 = 95.8
PREVIOUS
Mar. '18 = 102.0
Feb. '18 = 1,973.3
Mar. '18 = 76.1
Mar. '18 = 269.1
Mar. '18 = 103.6
Mar. '18 = 189.8
Mar. '18 = 97.4
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.
CURRENT TRENDS
CHEMICAL
ENGINEERING
ESSENTIALS FOR THE CPI PROFESSIONAL
Learn about the industry's critical
topics by viewing the latest
On Demand webinars.
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FREE On Demand Webinars
T
he preliminary value for the March
2018 CE Plant Cost Index (CEPCI;
top; most recent available) increased
compared to the previous month's
value, continuing a string of monthly
increases since the beginning of the
year. And for the second consecutive
month, all four of the subindices (Equipment,
Buildings, Construction Labor
and Engineering & Supervision) moved
higher for March. The Equipment subindex
had the largest month-to-month
increase, percentage-wise. The overal
CEPCI for March stands at 4.6% higher
than the corresponding value from
March of last year. Meanwhile, the Current
Business Indicators (CBI; middle)
showed a small increase in the CPI output
index for April 2018.
28180 CE Economic indicator On Demand Webinar House Ad.indd 1
104
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
5/24/16 4:43 PM
JUNE 2018
Feb. '18 = 101.8
Jan. '18 = 1,991.2
Feb. '18 = 76.0
Feb. '18 = 274.5
Feb. '18 = 103.6
Feb. '18 = 187.9
Feb. '18 = 95.8
YEAR AGO
Apr. '17 = 100.0
Mar. '17 = 1,830.1
Apr. '17 = 75.4
Apr. '17 = 255.4
Apr. '17 = 102.2
Apr. '17 = 177.5
Apr. '17 = 98.2
CPI OPERATING RATE (%)
Annual Index:
2010 = 550.8
2011 = 585.7
2012 = 584.6
2013 = 567.3
2014 = 576.1
2015 = 556.8
2016 = 541.7
2017 = 567.5
600
575
550
525
500
J F M A M J J A S O N D
2018
http://www.chemengonline.com/pci http://www.chemengonline.com/webcasts http://WWW.CHEMENGONLINE.COM
Chemical Engineering June 2018

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