cepci february 2016.pdf
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8/18/2019 CEPCI February 2016.pdf
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Economic Indicators
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM FEBRUARY 201664
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JASON BULLOCK
[email protected] DAVIS
DAN GENTILE
[email protected] TRAUTES
CURRENT BUSINESS INDICATORS LATEST PREVIOUS YEAR AGOCPI output index (2012 = 100) ____________________________________________________ Dec. '15 = 105.4 Nov. '15 = 106.0 Oct. '15 = 105.9 Dec. '14 = 105.3
CPI value of output, $ billions _____________________________________________________ Nov. '15 = 1,803.7 Oct. '15 = 1,813.3 Sept. '15 = 1,818.9 Nov. '14 = 2,069.4
CPI operating rate, % __________________________________________________________ Dec. '15 = 75.8 Nov. '15 = 76.3 Oct. '15 = 76.4 Dec. '14 = 76.6
Producer prices, industrial chemicals (1982 = 100) ____________________________________ Dec. '15 = 233.4 Nov. '15 = 234.6 Oct. '15 = 237.3 Dec. '14 = 263.4
Industrial Production in Manufacturing (2012=100)* ____________________________________ Dec. '15 = 106.0 Nov. '15 = 106.1 Oct. '15 = 106.2 Dec. '14 = 105.2
Hourly earnings index, chemical & allied products (1992 = 100) ____________________________ Dec. '15 = 159.4 Nov. '15 = 160.4 Oct. '15 = 159.3 Dec. '14 = 157.3
Productivity index, chemicals & allied products (1992 = 100) ______________________________ Dec. '15 = 107.5 Nov. '15 = 107.0 Oct. '15 = 105.8 Dec. '14 = 106.1
CURRENT TRENDS
T he preliminary value for the No-vember 2015 CE Plant Cost Index(CEPCI; top; the most recent available)
declined again from the previous month,
driven by a relatively large decrease in
the Equipment subindex and small de-
creases in the Buildings and Construc-
tion Labor subindices. The Engineering
and Supervision subindex saw a small
increase in November. The preliminary
CEPCI value for November 2015 is 6.1%
lower than the corresponding value from
a year ago at the same time. Meanwhile,
the latest Current Business Indicators
(CBI; middle) numbers showed a de-
cline in the CPI output index, as well as
in the CPI value of output index and in
producer prices for industrial chemicals.
The productivity index was up slightly.
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100) Nov. '15
Prelim.
Oct. '15
Final
Nov.'14
Final CE Index ______________________________________________ 543.0 547.2 578.4Equipment ____________________________________________ 648.9 654.9 702.5
Heat exchangers & tanks _________________________________ 566.6 575.4 649.3
Process machinery _____________________________________ 652.3 655.0 662.9
Pipe, valves & fittings ____________________________________ 803.4 808.6 875.4
Process instruments _ ___________________________________ 386.6 390.1 411.7
Pumps & compressors ___________________________________ 956.5 956.4 942.9
Electrical equipment _ ___________________________________ 508.4 508.2 516.2
Structural supports & misc ________________________________ 713.4 723.6 769.9
Construction labor _______________________________________ 324.3 325.8 322.4
Buildings _ ____________________________________________ 539.3 540.4 546.9
Engineering & supervision _________________________________ 318.2 317.7 320.1
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
Annual Index:
2007 = 525.4
2008 = 575.4
2009 = 521.9
2010 = 550.8
2011 = 585.7
2012 = 584.6
2013 = 567.3
2014 = 576.1
*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 month’s CPI output index values, the base year was changed from 2000 to 2012Current business indicators provided by Global Insight, Inc., Lexington, Mass.
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CPI OUTPUT INDEX (2000 = 100)† CPI OUTPUT VALUE ($ BILLIONS) CPI OPERATING RATE (%)