Chemical Engineering September 2020 - 72

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)
June '20
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 _________________________________
591.1
715.7
610.6
719.0
934.2
411.8
1084.1
561.3
764.7
335.4
591.3
313.0
May '20
Final
593.5
720.3
616.1
721.1
942.2
409.6
1086.3
561.1
774.0
333.8
587.4
312.6
625
June '19
Final
609.5
743.2
659.7
727.0
955.7
416.4
1068.5
557.7
810.9
335.4
595.8
313.8
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
1500
1600
1700
1800
1900
2000
2300
J F M A M J J A S O N D
LATEsT
Jul. '20 = 93.3
Jun. '20 = 1,761.1
Jul. '20 = 69.4
Jul. '20 = 217.6
Jul. '20 = 96.5
Jul. '20 = 191.0
Jul. '20 = 100.8
PREVIOUs
Jun. '20 = 92.2
May '20 = 1,637.2
Jun. '20 = 68.6
Jun. '20 = 211.9
Jun. '20 = 93.4
Jun. '20 = 190.7
Jun. '20 = 98.9
CPI OUTPUT VALUE ($ BILLIONs)
55
60
65
70
75
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
Hot Topics
in the
Chemical
Processing
Industry
Valves
Selection, Operation and Troubleshooting
Optimal Pump
Management
CHEMICAL
ENGINEERING
CHEMICAL
ENGINEERING
Valves Selection:
Operation and
Troubleshooting
Optimal Pump
Management
Managing Vapor
and Particulate
Emissions
Find these and other related CPI titles in the
Chemical Engineering Store. store.chemengonline.com
Managing Vapor and
Particulate Emissions
Guidebook
he preliminary value for the CE
Plant Cost Index (CEPCI; top) for
June 2020 (the most recent available)
decreased compared to the previous
month's value, following a similar decline
in April and May. The lower value
for the Equipment subindex in June offset
rises in the other three major subindices
(Buildings; Construction Labor;
and Engineering & Supervision), giving
rise to a lower value for the overall
CEPCI. The current CEPCI value sits
at 3.0% lower than the corresponding
value from June of last year. Meanwhile,
the Current Business Indicators (CBI;
middle) showed an increase in both the
CPI output index and the CPI operating
rate for July and the CPI value of output
for June.
T
May '20 = 89.1
Apr. '20 = 1,587.3
May '20 = 66.3
May '20 = 203.1
May '20 = 87.0
May '20 = 192.2
May '20 = 99.0
YEAR AGO
Jul. '19 = 101.5
Jun. '19 = 2,016.7
Jul. '19 = 75.7
Jul. '19 = 249.3
Jul. '19 = 104.6
Jul. '19 = 184.9
Jul. '19 = 96.5
CPI OPERATING RATE (%)
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 M A M J J A S O N D
72
ChemiCal engineering www.Chemengonline.Com September 2020
http://www.chemengonline.com/pci http://store.chemengonline.com http://www.Chemengonline.Com
Chemical Engineering September 2020

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