Chemical Engineering October 2020 - 48

Economic Indicators
2018
2019
2020
Download the CEPCI two weeks sooner at www.chemengonline.com/pci
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
July '20
Prelim.
CE Index ______________________________________________
Equipment ____________________________________________
Heat exchangers & tanks _________________________________
Process machinery _____________________________________
Pipe, valves & fittings ____________________________________
Process instruments ____________________________________
Pumps & compressors ___________________________________
Electrical equipment ____________________________________
Structural supports & misc. ________________________________ 760.8
Construction labor _______________________________________
Buildings _____________________________________________
Engineering & supervision _________________________________
593.5
718.8
613.0
719.7
945.8
415.9
1083.5
563.1
337.3
594.2
312.2
June '20
Final
591.1
715.7
610.6
719.0
934.2
411.8
1084.1
561.3
764.7
335.5
591.3
313.0
625
July '19
Final
604.6
735.8
646.8
722.2
953.9
415.4
1068.2
558.3
796.4
335.6
593.9
314.3
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 MA M J J A S ON D
1500
1600
1700
1800
1900
2000
2300
J F MA M J J A S ON D
LATEST
Aug. '20 = 95.2
Jul. '20 = 1,810.1
Aug. '20 = 70.9
Aug. '20 = 219.5
Aug. '20 = 97.9
Aug. '20 = 189.5
Aug. '20 = 99.7
PREVIOUS
Jul. '20 = 94.0
Jun. '20 = 1,768.1
Jul. '20 = 69.9
Jul. '20 = 217.6
Jul. '20 = 97.0
Jul. '20 = 189.8
Jul. '20 = 100.6
CPI OUTPUT VALUE ($ BILLIONS)
55
60
65
70
75
80
J F MA M J J A S ON 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
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27206
he preliminary value for the CE Plant
Cost Index (CEPCI; top) for July
2020 (the most recent data available)
increased compared to the previous
month's value, reversing a three-month
period of decline. Three of the four
major subindices - Equipment, Buildings
and Construction Labor - rose in
July, offsetting a small decrease in the
value for the July Engineering & Supervision
subindex. The current CEPCI
value sits at 1.8% lower than the corresponding
value from July of last year.
Meanwhile, the Current Business Indicators
(CBI; middle) showed increases
for both the CPI Output Index and the
CPI Operating Rate for August 2020. In
addition, the CPI Value of Output rose
in July 2020.
OCTOBER 2020
T
Jun. '20 = 92.2
May '20 = 1,637.2
Jun. '20 = 68.5
Jun. '20 = 211.9
Jun. '20 = 93.4
Jun. '20 = 190.6
Jun. '20 = 99.1
YEAR AGO
Aug. '19 = 102.9
Jul. '19 = 2,032.0
Aug. '19 = 76.7
Aug. '19 = 245.8
Aug. '19 = 105.2
Aug. '19 = 185.2
Aug. '19 = 97.7
CPI OPERATING RATE (%)
C
M
Y
CM
MY
CY
CMY
K
Annual Index:
2012 = 584.6
2013 = 567.3
2014 = 576.1
2015 = 556.8
2016 = 541.7
2017 = 567.5
2018 = 603.1
2019 = 607.5
600
575
550
525
500
J F MAM J J A S ON D
48
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Chemical Engineering October 2020

Table of Contents for the Digital Edition of Chemical Engineering October 2020
