Chemical Engineering March 2016 - 92

Economic Indicators
Download the CEPCI two weeks sooner at www.chemengonline.com/pci
2013
2014
2015
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
Dec. '15
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 _________________________________
537.1
641.0
556.0
648.5
791.3
381.4
965.0
507.7
703.0
322.0
536.7
317.3
Nov. '15
Final
542.8
648.9
566.5
653.0
803.4
386.4
956.5
508.4
713.4
323.7
538.9
317.1
625
Dec.'14
Final
575.7
698.8
642.5
662.8
872.2
410.7
943.4
515.2
765.8
322.1
546.4
319.1
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
Jan.'16 = 106.4
Dec. '15 = 1,782.1
Jan.'16 = 76.5
Jan.'16 = 225.0
Jan.'16 = 106.2
Jan.'16 = 159.0
Jan.'16 = 108.4
PREVIOUS
Dec. '15 = 105.9
Nov. '15 = 1,796.2
Dec. '15 = 76.1
Dec. '15 = 233.4
Dec. '15 = 105.7
Dec. '15 = 159.5
Dec. '15 = 108.6
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.
Nov. '15 = 106.1
Oct. '15 = 1,813.3
Nov. '15 = 76.3
Nov. '15 = 234.6
Nov. '15 = 105.9
Nov. '15 = 160.7
Nov. '15 = 107.7
YEAR AGO
Jan.'15 = 105.0
Dec. '14 = 1,961.8
Jan.'15 = 76.2
Jan.'15 = 242.0
Jan.'15 = 104.9
Jan.'15 = 157.6
Jan.'15 = 107.7
CPI OPERATING RATE (%)
Annual Index:
2007 = 525.4
2008 = 575.4
2009 = 521.9
2010 = 550.8
2011 = 585.7
2012 = 584.6
2013 = 567.3
2014 = 576.1
600
575
550
525
500
J F M A M J J A S O N D
2016
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25552
CURRENT TRENDS
T
he preliminary value for the December
2015 CE Plant Cost Index
25552_CE House Ad.indd 1
92
2/19/15 2:14 PM
(CEPCI; top; the most recent available)
was down compared to the previous
month's data, continuing a string of
declines in recent months. All subindices
saw declines in December, except
Engineering & Supervision, which rose
slightly. The preliminary CEPCI value for
December 2015 is 6.6% lower than the
corresponding value from a year ago
at the same time. Meanwhile, the latest
Current Business Indicators (CBI;
middle) for January 2016 showed an increase
in the CPI output index, reversing
the previous month's decline, as well as
a decrease in producer prices. The CPI
value of output for December of last year
was down from the previous month.
ChemiCal engineering www.Chemengonline.Com marCh 2016
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Chemical Engineering March 2016

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