Economic Indicators

2013

2014

2015

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

CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)

(1957-59 = 100)
CE Index ______________________________________________
Equipment ____________________________________________
Heat exchangers & tanks _________________________________
Process machinery _____________________________________
Pipe, valves & fittings ____________________________________
Process instruments ____________________________________
Pumps & compressors ___________________________________
Electrical equipment ____________________________________
Structural supports & misc ________________________________
Construction labor _______________________________________
Buildings _____________________________________________
Engineering & supervision _________________________________

May '15
Prelim.

Apr. '15
Final

May '14
Final

560.7
675.6
603.5
658.8
843.6
402.7
958.0
513.0
740.1
323.2
542.9
320.6

562.9
678.8
609.7
663.8
845.6
402.0
958.4
511.9
741.7
323.8
545.0
319.0

574.3
697.0
635.1
665.0
876.2
410.8
938.6
515.3
767.4
320.5
543.2
321.0

625

Annual Index:
2007 = 525.4

600

2008 = 575.4
2009 = 521.9

575

2010 = 550.8
2011 = 585.7

550

2012 = 584.6
2013 = 567.3

525

2014 = 576.1
500

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) ____________________________________________________

CPI value of output, $ billions _____________________________________________________
CPI operating rate, % __________________________________________________________
Producer prices, industrial chemicals (1982 = 100) ____________________________________

Jun.'15
May '15
Jun.'15
Jun.'15

=
=
=
=

93.4
1,915.2
77.9
241.4

May '15
Apr. '15
May '15
May '15

=
=
=
=

93.1
1,911.6
77.7
237.3

Apr.'15
Mar.'15
Apr.'15
Apr.'15

=
=
=
=

93.0
1,902.6
77.7
238.5

Jun.'14
May '14
Jun.'14
Jun.'14

=
=
=
=

91.8
2,190.2
77.1
289.8

Industrial Production in Manufacturing (2002=100)* ____________________________________

Hourly earnings index, chemical & allied products (1992 = 100) ____________________________
Productivity index, chemicals & allied products (1992 = 100) ______________________________

Jun.'15
Jun.'15
Jun.'15

=
=
=

101.7
157.5
108.1

May '15
May '15
May '15

=
=
=

101.7
159.1
108.4

Apr.'15
Apr.'15
Apr.'15

=
=
=

101.6
158.1
108.4

Jun.'14
Jun.'14
Jun.'14

=
=
=

99.9
157.1
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

70

1800

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.

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76

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CHEMICAL ENGINEERING

CURRENT TRENDS

he preliminary value for the May 2015

CE Plant Cost Index (CEPCI; top; the
most recent available) continued the
trend of small monthly declines since the
beginning of the year. The May CEPCI
is 2.4% lower than the corresponding
value from a year ago at the same time.
This is a larger gap than the 1.8% for the
April year-ago value. The Engineering
& Supervision subindex rose slightly in
May, but the other subindices saw small
declines. Meanwhile, the latest Current
Business Indicators (middle) numbers
were generally slightly higher than the
previous months values. The CPI output
index for June 2015 rose from the previous month and was higher than the corresponding value from 2014. The CPI
value of output rose from the previous
month, but was lower than a year ago.

WWW.CHEMENGONLINE.COM

AUGUST 2015

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