Economic Indicators

2014 2015 2016

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

CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)

625

(1957-59 = 100) Jan. '16 Dec. '15 Jan.'15 Annual Index:

Prelim. Final Final
2008 = 575.4 600
CE Index ______________________________________________ 536.5 537.0 573.1
Equipment ____________________________________________ 640.5 641.1 694.8 2009 = 521.9
Heat exchangers & tanks _________________________________ 551.7 556.0 636.4
2010 = 550.8 575
Process machinery _____________________________________ 648.5 649.2 663.5
Pipe, valves & fittings ____________________________________ 795.0 791.3 868.9 2011 = 585.7
Process instruments ____________________________________ 379.0 381.2 407.2 2012 = 584.6 550
Pumps & compressors ___________________________________ 979.1 965.0 948.7
Electrical equipment ____________________________________ 509.0 507.7 513.9 2013 = 567.3
Structural supports & misc ________________________________ 701.9 703.0 758.0 2014 = 576.1 525
Construction labor _______________________________________ 320.2 321.6 321.5
Buildings _____________________________________________ 537.8 536.6 546.9 2015 = 556.8
Engineering & supervision _________________________________ 317.7 316.2 320.1 500
J F M A M J J A S O N D
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 YEAR AGO

CPI output index (2012 = 100) ____________________________________________________ Feb.'16 = 106.5 Jan.'16 = 106.3 Dec. '15 = 105.9 Feb.'15 = 104.8
CPI value of output, $ billions _____________________________________________________ Jan.'16 = 1,725.6 Dec. '15 = 1,773.5 Nov. '15 = 1,796.2 Jan. '15 = 1,864.0
CPI operating rate, % __________________________________________________________ Feb.'16 = 76.5 Jan.'16 = 76.4 Dec. '15 = 76.1 Feb.'15 = 76.0
Producer prices, industrial chemicals (1982 = 100) ____________________________________ Feb.'16 = 221.7 Jan.'16 = 225.0 Dec. '15 = 233.4 Feb.'15 = 242.4
Industrial Production in Manufacturing (2012=100)* ____________________________________ Feb.'16 = 106.4 Jan.'16 = 106.2 Dec. '15 = 105.6 Feb.'15 = 104.5
Hourly earnings index, chemical & allied products (1992 = 100) ____________________________ Feb.'16 = 157.9 Jan.'16 = 159.9 Dec. '15 = 159.5 Feb.'15 = 157.3
Productivity index, chemicals & allied products (1992 = 100) ______________________________ Feb.'16 = 109.0 Jan.'16 = 108.7 Dec. '15 = 108.6 Feb.'15 = 107.2

CPI OUTPUT INDEX (2000 = 100) CPI OUTPUT VALUE ($ BILLIONS) CPI OPERATING RATE (%)
110 2300 80

105
2200 78
100
2100
95 76
2000
90
74
1900
85
72
80 1800

75 1700 70
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.

CURRENT TRENDS
EXCLUSIVE AD SPACE AVAILABLE!
Feature your marketing message
T he annual value for the CE Plant Cost
Index (CEPCI) was calculated to be
556.8, down significantly from the an-
The Economic Indicators department includes current industry nual value for 2014. The monthly pre-
trends and the Plant Cost Index. As one of the most valued sections liminary value for the January 2016 CE
in the magazine, your ad is guaranteed to reach decision makers Plant Cost Index (top; the most recent
each month. Contact your sales representative to secure this spot. available) continued to fall from prior
months. While the overall CEPCI value
JASON BULLOCK TERRY DAVIS fell from last month, some of the individ-
jbullock@chemengonline.com tdavis@chemengonline.com ual subindices rose in January, including
pipes, valves and fittings; pumps and
DAN GENTILE PETRA TRAUTES compressors; electrical equipment; and
dgentile@chemengonline.com ptrautes@accessintel.com chemengonline.com/mediakit buildings. The preliminary CEPCI value
for January 2016 is 10.0% lower than
the corresponding value from a year ago
at the same time. Meanwhile, the latest
Current Business Indicators (CBI; mid-
dle) for February 2016 showed a slight
increase in the CPI output index.
96 CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM APRIL 2016
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