Chemical Engineering May 2015 - 106

Economic Indicators
2013
2014
Download the CEPCI two weeks sooner at www.chemengonline.com/pci
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
Feb. '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 _________________________________
570.6
691.8
631.4
673.8
863.2
404.0
950.9
513.8
748.0
319.1
545.4
320.1
Jan. '15
Final
573.1
694.8
636.4
663.5
868.9
407.2
948.7
513.9
758.0
321.5
546.9
320.1
625
Feb. '14
Final
574.9
697.6
637.2
663.9
881.9
412.9
931.7
515.5
759.6
321.5
541.4
322.8
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
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
2015
CURRENT BUSINESS INDICATORS
CPI output index (2000 = 100) ____________________________________________________
CPI value of output, $ billions _____________________________________________________
CPI operating rate, % __________________________________________________________
Producer prices, industrial chemicals (1982 = 100) ____________________________________
Industrial Production in Manufacturing (2002=100)* ____________________________________
Hourly earnings index, chemical & allied products (1992 = 100) ____________________________
Productivity index, chemicals & allied products (1992 = 100) ______________________________
LATEST
PREVIOUS
Mar.'15 = 91.8
Feb.'15 = 1,887.9
Mar.'15 = 76.8
Mar.'15 = 245.4
Mar.'15 = 101.2
Mar.'15 = 157.4
Mar.'15 = 107.3
Feb.'15 = 92.4
Jan.'15 = 1,834.4
Feb.'15 = 77.3
Feb.'15 = 241.8
Feb.'15 = 101.1
Feb.'15 = 157.5
Feb.'15 = 107.8
Jan.'15 = 92.7
Dec.'14 = 1,924.3
Jan.'15 = 77.6
Jan.'15 = 246.4
Jan.'15 = 101.3
Jan.'15 = 157.6
Jan.'15 = 108.2
YEAR AGO
Mar.'14 = 90.0
Feb.'14 = 2,154.1
Mar.'14 = 76.0
Mar.'14 = 291.1
Mar.'14 = 98.8
Mar.'14 = 156.7
Mar.'14 = 106.7
CPI OUTPUT INDEX (2000 = 100)
100
75
80
85
90
95
J F M A M J J A S O N D
1800
1900
2000
2100
2200
2300
J F M A M J J A S O N D
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.
Current business indicators provided by Global Insight, Inc., Lexington, Mass.
CPI OPERATING RATE (%)
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CURRENT TRENDS
T
he preliminary value for the February
2015 CE Plant Cost Index (CEPCI;
top; most recent available) declined
from the previous month's value and
now stands at 0.7% lower than the corresponding
value from a year ago. The
Equipment, Construction Labor and
Buildings subindices dipped slightly from
January, while the Engineering & Supervision
subindex held steady. Meanwhile,
the Current Business Indicators (middle)
showed an increase in CPI value of
output for February, but the level is still
below that of one year ago.
104
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Chemical Engineering May 2015

Table of Contents for the Digital Edition of Chemical Engineering May 2015
