Economic Indicators 2014
2015
2016
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CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI) (1957-59 = 100) CE Index __ _ _ _ _ _ _ __ __ _ _ _ _ _ _ _ _ _ _ _ _ _ __ __ __ _ _ _ _ _ _ _ _ _ _ _ __ __ __ Equipment __ _________________________________________ __ ___ Heat exchangers & tanks _ __ _______________ __ _________________ Proces s machiner y __ ______ __ _______________________________ Pipe, valv es es & f itt ings _ __ ___________________________________ Proces s ins trtrument s __ ____________________________________ Pumps & compressors __ ___________________________________ Elect riri ca cal equipment ____________________________________ Structural support s & misc _ __ _______________________________ Construction l ab abor _______________________________________ Buildings _ __ ____________________________________________ Engineeri ng ng & su super vi vis ion _________________________________
Mar. '16 Prelim.
Feb. '16 Final
Mar.'15 Final
533.9 635.5 538.7 644 .0 800 .3 383 .2 969 .7 508 .3 697 .4 32 3. 3.9 53 8. 8.5 31 6. 6.8
533.9 637.0 546.2 648.6 791.2 378.9 972.2 506.7 700 .0 319 .5 536 .9 315 .8
5 68 68.6 6 88 88.1 6 24 24.5 6 72 72.2 858.5 404.0 953.5 513.5 745.9 321.8 545.3 319.0
625
Annual Index: 2008 = 575.4
600
2009 = 521.9 2010 = 550.8
575
2011 = 585.7 2012 = 584.6
550
2013 = 567.3 2014 = 576.1
525
2015 = 556.8 500
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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 INDICA INDICATORS TORS
LATEST
PREVIOUS
YEAR AGO
CPI o ut utput i nd ndex ( 20 2012 = 1 00 00) _ __ ___________________________________________________ C PI PI v al al ue ue o f o ut ut pu pu t,t, $ bi llll io ns ns _ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ CPI operating rate, % __________________________________________________________ Producer prices, indus trtrial chemicals (1982 = 100) _ __ ___________________________________
Apr.'16 = M ar ar.'1 6 = Apr.'16 = Apr.'16 =
102.0 1, 74 74 2. 2.1 75.0 221.6
Mar.'16 = 102.2 Fe b. b.'1 6 = 1 ,7 04 04 .3 Mar.'16 = 75.2 Mar.'16 = 219.2
Feb.'16 = J an an. '1 6 = Feb.'16 = Feb.'16 =
101.9 1 ,7 13 13 .4 74.9 221.7
Apr.'15 = M ar ar. '1 5 = Apr.'15 = Apr.'15 =
101.3 1, 90 90 2. 2.6 75.0 245.5
Industrial Production in Manufacturing (201 2= 2=100 )* ____________________________________ Hourl yearni ng ngs index, chemical & al lied products (19 92 92 = 1 00 00) ____________________________ Productivit y index, chemicals & allied products (1992 = 100 ) ______________________________
Apr.'16 Apr.'16 Apr.'16
103.4 161.9 102.5
Mar.'16 = 103.1 Mar.'16 = 160.1 Mar.'16 = 102.6
Feb.'16 Feb.'16 Feb.'16
103.4 158.6 101.9
Apr.'15 Apr.'15 Apr.'15
102.9 158.1 102.5
CPI OUTPUT INDEX (2000 = 100)† 110
= = =
CPI OUTPUT VALUE ($ BILLIONS)
= = =
CPI OPERATING RATE (%) 80
2300
105
= = =
2200
78
100 2100 76
95 2000 90
74 1900
85
72
1800
80 75
70
1700
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*Due to discontinuance, the Index of I ndustrial Activity has been replaced by t he 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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JASON BULL BULLOCK OCK
TERRY DAVIS
jbullock@chemengonli jbullock@ chemengonline.com ne.com
[email protected]
DAN GENTILE
PETRA TRAUTES
[email protected]
[email protected]
chemengonline.com/mediakit
CHEMICAL ENGINEERING
he March 2016 preliminary value for the CE Plant Plant Cost Index Index (CEPCI; top; the most recent available) stayed even with the value from the previous month, with the Construction Labor, Buildings and Engineering & Supervision subindices all rising, while the Equipment subindex dipped slightly. The preliminary March 2016 CEPCI value is 6.1% lower than the corresponding value from March last year. This is again a smaller yearover-year difference than in the preceding several months. Meanwhile, the latest Current Business Indicators (CBI; middle) for April 2016 showed small decreases in the CPI output index and the CPI operating rate compared to the previous month. Producer prices edged higher in April, after a series of recent recent decreases.
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JUNE 2016