Economic Indicators

2015 2016 2017

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CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)

625

(1957-59 = 100) Mar. '17 Feb. '17 Mar. '16 Annual Index:
Prelim. Final Final
2009 = 521.9 600
CE Index ______________________________________________ 562.1 558.3 535.3
Equipment ____________________________________________ 676.6 672.0 638.0 2010 = 550.8
Heat exchangers & tanks _________________________________ 591.0 587.3 545.2
2011 = 585.7 575
Process machinery _____________________________________ 672.1 671.1 644.8
Pipe, valves & fittings ____________________________________ 863.7 852.0 800.3 2012 = 584.6
Process instruments ____________________________________ 403.4 403.0 383.0 2013 = 567.3 550
Pumps & compressors ___________________________________ 982.3 973.1 969.7
Electrical equipment ____________________________________ 514.3 512.1 508.3 2014 = 576.1
Structural supports & misc ________________________________ 733.3 729.7 697.4 2015 = 556.8 525
Construction labor _______________________________________ 326.4 323.1 323.3
Buildings _____________________________________________ 555.4 552.2 538.4 2016 = 541.7
Engineering & supervision _________________________________ 315.7 315.0 315.7 500
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) ____________________________________________________ Apr. '17 = 101.5 Mar. '17 = 101.2 Feb. '17 = 101.3 Apr. '16 = 100.3
CPI value of output, $ billions _____________________________________________________ Mar. '17 = 1,861.0 Feb. '17 = 1,875.6 Jan. '17 = 1,874.8 Mar. '16 = 1,702.4
CPI operating rate, % __________________________________________________________ Apr. '17 = 76.3 Mar. '17 = 76.1 Feb. '17 = 76.2 Apr. '16 = 75.9
Producer prices, industrial chemicals (1982 = 100) ____________________________________ Apr. '17 = 256.5 Mar. '17 = 251.8 Feb. '17 = 244.3 Apr. '16 = 224.7
Industrial Production in Manufacturing (2012=100)* ____________________________________ Apr. '17 = 103.8 Mar. '17 = 102.8 Feb. '17 = 103.2 Apr. '16 = 102.1
Hourly earnings index, chemical & allied products (1992 = 100) ____________________________ Apr. '17 = 178.1 Mar. '17 = 172.5 Feb. '17 = 170.9 Apr. '16 = 161.4
Productivity index, chemicals & allied products (1992 = 100) ______________________________ Apr. '17 = 102.6 Mar. '17 = 103.2 Feb. '17 = 102.3 Apr. '16 = 102.5

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

T he preliminary value for the March

CE Plant Cost Index (CEPCI; top; the
most recent available) rose compared to
EXCLUSIVE AD SPACE AVAILABLE! the previous months value, continuing a
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ing values. All four of the major subindi-
Each issue includes editorial departments that feature the current industry trends and ces Equipment, Construction Labor,
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preliminary overall monthly CEPCI value
Contact your sales representative for more information: for March 2017 stands at 5.0% higher
than the corresponding value from March
2016. Meanwhile, the latest Current Busi-
JASON BULLOCK TERRY DAVIS PETRA TRAUTES ness Indicators (CBI; middle) saw a small
jbullock@chemengonline.com tdavis@chemengonline.com ptrautes@accessintel.com
713-974-0911 404-634-5123 +49 69 58604760
rise in the CPI Output Index for April, while
27206 the March value for the CPI Value of Out-
put declined slightly. The April Productivity
Index decreased by a small margin.
80 CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM JUNE 2017