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

     The Economic Indicators department includes current industrytrends and the Plant Cost Index. As one of the most valued sectionsin the magazine, your ad is guaranteed to reach decision makerseach month. Contact your sales representative to secure this spot.

    EXCLUSIVE AD SPACE AVAILABLE!Feature your marketing message

    chemengonline.com/mediakit

     JASON BULLOCK 

     [email protected] DAVIS

    [email protected]

    DAN GENTILE

    [email protected] TRAUTES

    [email protected]

    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.

    Download the CEPCI two weeks sooner at www.chemengonline.com/pci

      2013 2014 2015

    70

    72

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    76

    78

    80

    1800

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    2000

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    2300

    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

    75

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    100

    105

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    525

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    575

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

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