Chemical Engineering November 2013 - 176

Economic Indicators
2011
2012
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
Aug. '13
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
564.7
682.9
615.8
653.3
871.2
410.9
920.7
513.0
736.3
319.6
531.6
325.6
Jul. '13
Final
564.0
682.0
620.7
655.0
861.8
407.4
920.7
512.4
729.8
320.2
531.1
324.1
Aug. '12
Final
576.6
700.1
641.6
663.3
899.2
420.1
929.0
511.3
741.2
323.6
524.5
328.6
DOWNLOAD THE CEPCI TWO WEEKS SOONER AT WWW.CHE.COM/PCI
650
Annual
Index:
600
2005 = 468.2
2006 = 499.6
2007 = 525.4
2008 = 575.4
2009 = 521.9
2010 = 550.8
2011 = 585.7
2012 = 584.6
550
500
450
400
J F M A M J J A S O N D
CURRENT BUSINESS INDICATORS*
CPI output index (2007 = 100)
CPI value of output, $ billions
CPI operating rate, %
Producer prices, industrial chemicals (1982 = 100)
Industrial Production in Manufacturing (2007 = 100)
Hourly earnings index, chemical & allied products (1992 = 100)
Productivity index, chemicals & allied products (1992 = 100)
CPI OUTPUT INDEX (2007 = 100)
100
110
120
70
80
90
J F M A M J J A S O N D
1000
1300
1600
1900
2200
2500
J F M A M J J A S O N D
Current Business Indicators provided by IHS Global Insight, Inc., Lexington, Mass.
Equipment Cost Index Available
Exclusively from Marshall & Swift
Quarterly updates of our industry-leading Equipment Cost Index
are now available at www.equipment-cost-index.com.
176 CHEMICAL ENGINEERING WWW.CHE.COM NOVEMBER 2013
*CURRENT TRENDS
B
ecause the CE Plant Cost Index
(CEPCI; top) is calculated using
economic data sourced from the
U.S. government, the preliminary
August 2013 CEPCI numbers have
been affected by the shutdown of
the U.S. Federal Government that
began on October 1. As of press
time, a temporary measure had
been passed to reopen the government,
but the data used for
the CEPCI calculations have not
been updated since September
30. Meanwhile, updated values
for the Current Business Indicators
from IHS Global Insight (middle)
are not available, since they also
depend on government data. CE
has re-published the CBI numbers
from August, and will revisit both
the PCI and CBI as soon as newer
information becomes available. ■
LATEST
Aug. '13 =
88.2 Jul. '13 =
Jul. '13 = 2,183.1
Aug. '13 =
Aug. '13 =
Aug. '13 =
Aug. '13 =
Aug. '13 =
74.6 Jul. '13 =
PREVIOUS
88.2 Jun. '13 =
301.0 Jul. '13 = 299.6 Jun. '13 =
96.0 Jul. '13 =
95.3 Jun. '13 =
156.8 Jul. '13 = 156.8 Jun. '13 =
105.1 Jul. '13 = 104.6 Jun. '13 =
CPI OUTPUT VALUE ($ BILLIONS)
60
65
70
75
80
85
J F M A M J J A S O N D
Jun. '13 = 2,116.5 May '13 = 2,124.9
74.6 Jun. '13 =
YEAR AGO
87.8 Aug. '12 =
74.4 Aug. '12 =
304.0 Aug. '12 =
95.7 Aug. '12 =
156.0 Aug. '12 =
104.7 Aug. '12 =
86.4
Jul. '12 = 2,105.1
73.7
295.2
93.5
155.7
104.4
CPI OPERATING RATE (%)
2013
http://WWW.CHE.COM/PCI http://www.equipment-cost-index.com http://WWW.CHE.COM
Chemical Engineering November 2013

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