Economic Indicators

2009 [

2010 I

2011

DOWNLOADTHECEPCf TWO WEEKS S O 0 N E I l f p q A i S

650.

CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)

(1957-59 = 100)

Ocf.'ll
Prelim.
594.0
724.7
691.5
674.9
906.3
432 5
911,5
508,8
769.8
329,7
521.2
330.4

C Index
Equipment
Heaf exchangers & tanks
Process machinery
Pipe.valves Sittings
Process instruments
Pumps & compressors
Electrical equipment
Structural supports & mise
Construction labor
Buildings
Engineering & supervision

Oct.'10
Final
556,3
667,5
617,8
627,0
840,2
426 0
902,5
484.7
689,6
331,0
503,3
336,6

Sept.'ii
Final
596.0

in.b
692.4
677.4
912.6
439 4
909,9
510,1
772.5
330.7
520.4
330.9

Annual Index:

600

2003 = 402.0
2004 = 444.2
2005 = 468.2
2008 = 499.6
2007 = 525.4
2008 = 575.4
2009 = 521.9
2010 = 550.8
J

CURRENT BUSINESS INDICATORS

CPi output index (2007 = 100)

, Oct.'11

CPI value of output. S billions

87,7

Oct.'11

= 2.094,8

Sep.'ll

75.9

Oct.'11

, Noy,'ll
Nov,'ll

Noy,'11 =
=
=

320.2

Oct,'ll

91.2

Oct,'ll

Nov,'ll

156.4

Oct,'ll

Nov,'ll

ni.4

Oct.'ll

CPi operating rate. %

Producer prices, industrial chemicals (1982 = 100)
Industrial Production in Manutacturing (2007=100)
Hourly earnings index, chemical & allied products (1992 = 100)
Productivity index, chemicais & aliied products (1992 = 100)

CPI OUTPUT INDEX (2007 = lOO)

87,8
2.102.2

Aug,'ll

91,6
157,0
109,7

Sep.'ll

CPI OUTPUT VALUE ($ BILLIONS)

YEAR AGO

Sep,'ll
Sep.'ll

88,0
2.075,1
76.0
338.7

Sep.'ll

91.1
157.2
111,0

Sep.'ll
Sep.'ll

Nov.'lO
Oct.'lO
Nov,'10
Nov,'10
Nov'lO
Nov'lO
Nov'lO

=
=
=
=
=
=
=

85,7
1.797.2
73.7
278.2
87.9
154,9
111,4

CPI OPERATING RATE (%)

2500

85

110

2200

80

1900

75

90

1600

70

80

1300

65
60

1000

J F M A M J J A S O N D

75.9
331,0

120

70

PREVIOUS

LATEST
Nov.'11 =

J F M A M J

A S O N D

F M A M J

J A S O N D

Current Business Indicators provided by Global Insight. Inc.. Lexington. Mass.

MARSHALL & SWIFT EQUIPMENT COST INDEX

4th a
3rd a 2nd a
(1926 = 100)
ista 4th a
2011
2011
2011
2010
2011
.536.5 1.533,3
.512.5
1.476,7
M & S INDEX
.490,2
Process Industries, average
Cement
Chemicals
Clay products
Glass
Paint
Paper
Petroleum products .
Rubber
Related Industries
Electrical power _
Mining, miiiing
Retrigeratlon
Steam power

.597,7
.596,7
.565.0
.583,6
.495,7
.613,6
.507,6
.704.9
.644,2

1.592,5
1.589,3
1.559.8
1.579,2
1.491,1
1.608,7
1.502,4
1.698.7
1.641,4

.569.0
.568.0
.537.4
.557.5
.469,2
.584,1
.480,7
.672.0
.617,4

.515,0
.659.6
.889.4
.574,3

1.517.6
1.648.6
1.884,4
1.572,2

.494,9
.623,5
.856,4
.546,5

.549.8
.546.6
.519,8
.534,9
.447.2
.560.7
.459.4
.652.5
.596.2

1.537,0
1.532,5
1.507,3
1.521,4
1.432.7
1.545.8
1.447.6
1.640,4
1.581,5

CURRENT TRENDS
1545

1530
1515
1500
1485
1470
1455
1440
1425

.461.2
.599.7

1.434.9
1.579,4

.827.8
.523.0

1.809,3
1.506.4

1410
1395
1380

Annual Index:
2003 = 1,123.6

2004 = 1,178.5

2005 = 1,244.5

2006 = 1,302.3

2007 = 1,373.3

2008 = 1,449.3

2009 = 1,468.6

2010 = 1,457.4

1365

1st

2nd 3rd
Quarter

4th

Source: Marshall & Swift's Marshali Valuatian Service manual. Reprinted and pubiished with permission ot
Marshail & Swift/Boeckh. LLC and ts iicensors. copyright 2010. May not be reprinted, copied, automated or
used for vaiuation without permission.

56

CHEMICAL ENGINEERING WWW.CHE.COM JANUARY 2012

apital equipment prices,

as reflected in the CE
Plant Cost Index (CEPCI),
decreased 0.35% from September to October, following a very slight decreose
the previous month and
escalation in all but one of
the previous twelve months.
Meanwhile, the Marshall &
Swift Equipment Cost Index
(left) shows a slight increase
in tfie 4th Q.
See p. 5 for a summary
of economists' forecasts for
2012 and visit www.che.
com/pci for more information
and other tips on capital cost
trends and methodology.

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