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) May '15 Apr. '15 May '14 Annual Index:
Prelim. Final Final
2007 = 525.4 600
CE Index ______________________________________________ 560.7 562.9 574.3
Equipment ____________________________________________ 675.6 678.8 697.0 2008 = 575.4
Heat exchangers & tanks _________________________________ 603.5 609.7 635.1
2009 = 521.9 575
Process machinery _____________________________________ 658.8 663.8 665.0
Pipe, valves & fittings ____________________________________ 843.6 845.6 876.2 2010 = 550.8
Process instruments ____________________________________ 402.7 402.0 410.8 2011 = 585.7 550
Pumps & compressors ___________________________________ 958.0 958.4 938.6
Electrical equipment ____________________________________ 513.0 511.9 515.3 2012 = 584.6
Structural supports & misc ________________________________ 740.1 741.7 767.4 2013 = 567.3 525
Construction labor _______________________________________ 323.2 323.8 320.5
Buildings _____________________________________________ 542.9 545.0 543.2 2014 = 576.1
Engineering & supervision _________________________________ 320.6 319.0 321.0 500
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 (2000 = 100) ____________________________________________________ Jun.'15 = 93.4 May '15 = 93.1 Apr.'15 = 93.0 Jun.'14 = 91.8
CPI value of output, $ billions _____________________________________________________ May '15 = 1,915.2 Apr. '15 = 1,911.6 Mar.'15 = 1,902.6 May '14 = 2,190.2
CPI operating rate, % __________________________________________________________ Jun.'15 = 77.9 May '15 = 77.7 Apr.'15 = 77.7 Jun.'14 = 77.1
Producer prices, industrial chemicals (1982 = 100) ____________________________________ Jun.'15 = 241.4 May '15 = 237.3 Apr.'15 = 238.5 Jun.'14 = 289.8
Industrial Production in Manufacturing (2002=100)* ____________________________________ Jun.'15 = 101.7 May '15 = 101.7 Apr.'15 = 101.6 Jun.'14 = 99.9
Hourly earnings index, chemical & allied products (1992 = 100) ____________________________ Jun.'15 = 157.5 May '15 = 159.1 Apr.'15 = 158.1 Jun.'14 = 157.1
Productivity index, chemicals & allied products (1992 = 100) ______________________________ Jun.'15 = 108.1 May '15 = 108.4 Apr.'15 = 108.4 Jun.'14 = 107.5

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

95 2200 78

90 2100 76

85 2000 74

80 1900 72

75 1800 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.
Current business indicators provided by Global Insight, Inc., Lexington, Mass.

CURRENT TRENDS
EXCLUSIVE AD SPACE AVAILABLE!
Feature your marketing message T he preliminary value for the May 2015
CE Plant Cost Index (CEPCI; top; the
most recent available) continued the
The Economic Indicators department includes current industry trend of small monthly declines since the
trends and the Plant Cost Index. As one of the most valued sections beginning of the year. The May CEPCI
in the magazine, your ad is guaranteed to reach decision makers is 2.4% lower than the corresponding
each month. Contact your sales representative to secure this spot. value from a year ago at the same time.
This is a larger gap than the 1.8% for the
JASON BULLOCK TERRY DAVIS April year-ago value. The Engineering
jbullock@chemengonline.com tdavis@chemengonline.com & Supervision subindex rose slightly in
May, but the other subindices saw small
DAN GENTILE PETRA TRAUTES declines. Meanwhile, the latest Current
dgentile@chemengonline.com ptrautes@accessintel.com chemengonline.com/mediakit Business Indicators (middle) numbers
were generally slightly higher than the
previous months values. The CPI output
index for June 2015 rose from the previ-
ous month and was higher than the cor-
responding value from 2014. The CPI
value of output rose from the previous
month, but was lower than a year ago.
76 CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM AUGUST 2015
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