Economic Indicators

2013

2014

2015

Download the CEPCI two weeks sooner at www.chemengonline.com/pci

CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)

625

(1957-59 = 100)
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 _________________________________

Nov. '15
Prelim.

Oct. '15
Final

Nov.'14
Final

543.0
648.9
566.6
652.3
803.4
386.6
956.5
508.4
713.4
324.3
539.3
318.2

547.2
654.9
575.4
655.0
808.6
390.1
956.4
508.2
723.6
325.8
540.4
317.7

578.4
702.5
649.3
662.9
875.4
411.7
942.9
516.2
769.9
322.4
546.9
320.1

Annual Index:
2007 = 525.4

600

2008 = 575.4
2009 = 521.9

575

2010 = 550.8
2011 = 585.7

550

2012 = 584.6
2013 = 567.3

525

2014 = 576.1
500

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

LATEST

PREVIOUS

CPI output index (2012 = 100) ____________________________________________________

CPI value of output, $ billions _____________________________________________________
CPI operating rate, % __________________________________________________________
Producer prices, industrial chemicals (1982 = 100) ____________________________________

Dec. '15
Nov. '15
Dec. '15
Dec. '15

=
=
=
=

105.4
1,803.7
75.8
233.4

Nov. '15
Oct. '15
Nov. '15
Nov. '15

=
=
=
=

106.0
1,813.3
76.3
234.6

Industrial Production in Manufacturing (2012=100)* ____________________________________

Hourly earnings index, chemical & allied products (1992 = 100) ____________________________
Productivity index, chemicals & allied products (1992 = 100) ______________________________

Dec. '15
Dec. '15
Dec. '15

=
=
=

106.0
159.4
107.5

Nov. '15
Nov. '15
Nov. '15

=
=
=

106.1
160.4
107.0

CPI OUTPUT INDEX (2000 = 100)

110

CPI OUTPUT VALUE ($ BILLIONS)

YEAR AGO

Oct. '15
Sept. '15
Oct. '15
Oct. '15

=
=
=
=

105.9
1,818.9
76.4
237.3

Dec. '14
Nov. '14
Dec. '14
Dec. '14

=
=
=
=

105.3
2,069.4
76.6
263.4

Oct. '15
Oct. '15
Oct. '15

=
=
=

106.2
159.3
105.8

Dec. '14
Dec. '14
Dec. '14

=
=
=

105.2
157.3
106.1

CPI OPERATING RATE (%)

2300

80

2200

78

2100

76

2000

74

1900

72

105
100
95
90
85
80
75

70

1800

J F M A M J

J A S O N D

J F M A M J

J A S O N D

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 months CPI output index values, the base year was changed from 2000 to 2012
Current business indicators provided by Global Insight, Inc., Lexington, Mass.

EXCLUSIVE AD SPACE AVAILABLE!

Feature your marketing message

The Economic Indicators department includes current industry

trends and the Plant Cost Index. As one of the most valued sections
in the magazine, your ad is guaranteed to reach decision makers
each month. Contact your sales representative to secure this spot.
JASON BULLOCK
jbullock@chemengonline.com

TERRY DAVIS
tdavis@chemengonline.com

DAN GENTILE
PETRA TRAUTES
dgentile@chemengonline.com ptrautes@accessintel.com

64

chemengonline.com/mediakit

CHEMICAL ENGINEERING

CURRENT TRENDS

he preliminary value for the November 2015 CE Plant Cost Index

(CEPCI; top; the most recent available)
declined again from the previous month,
driven by a relatively large decrease in
the Equipment subindex and small decreases in the Buildings and Construction Labor subindices. The Engineering
and Supervision subindex saw a small
increase in November. The preliminary
CEPCI value for November 2015 is 6.1%
lower than the corresponding value from
a year ago at the same time. Meanwhile,
the latest Current Business Indicators
(CBI; middle) numbers showed a decline in the CPI output index, as well as
in the CPI value of output index and in
producer prices for industrial chemicals.
The productivity index was up slightly.

WWW.CHEMENGONLINE.COM

FEBRUARY 2016