Economic Indicators

2009 c

20101

DOWNLOAD THE CEPCI TWO WEEKS SOONER AT

20111

20121

WWW.CHE.COM/PCI

CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)

(1957-59 = 100)

Jan.'12
Prelim.
_ 593.1
_ 724.5
.- 683.1
.- 675.7
_ 924.9
_ 427.0
-911.6
-511.6
_ 768.9
- 327.0
- 520.6
_ 329.0

CEIndex
Equipment
Heat exchangers & tanks
Process machinery
Pipe, valves & fittings
Process instruments
Pumps & compresscrs
Eiectricai equipment
Structural supports & mise
Construction iabor
Buildings
Engineering & supervision

Jan.'ii
Final

Dec.'ii
Final
590.1
718.7
681.6
670.9
902.1
428.0
910.1
511.5
762.4
331.4
519.1
329.6

Annual Index:

564.8
681.9
635.8
643.7
859.2
431,1
876.5
495.2
707.4
326.6
505.5
334.8

CURRENT BUSINESS INDICATORS

2004 = 444.2
2005:^468.2

550

2008 = 499.6
2007 = 525.4
2088 = 575.4
2089 = 521.9
2810 = 558.8
2811=585.7

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

LATEST

CPI output index (2007 = 100)

, Feb.'12

CPI value of output. $ billions

. Jan.'12

CPI operating rate.%

Producer prices, industriel chemicals (1982 = 100)

. Feb.'12

Industriai Production in ivionufacturing (2007=100)

. Feb.'12

Houriy earnings index, chemical & ailied products (1992 = 1 CO)

. Feb.'12

Productivify index, chemicais & aiiied products (1992 = 100)

. Feb.'12

. Feb.'12

77.2
318.1
94.0
156.0
108.7

Jan.'12
Dec.'11
Jan.'12
Jan.'12
Jan.'12
Jan.'12
Jan.'12

89.2
2.119.8

77.2
303.9

=
=

158.8
109.3

93.8

120 ^

2500

85

110

2200

80

100

1900

90

1600

80

1300

1000
J F M A M J J A S O N D
J F M A M J
Current Business indicators provided by IHS Globai Insight, inc. Lexington. Mass.

Dec.'11
Nov.'11
Dec,'11
Deo,'11
Deo,'11
Deo,'11
Deo,'ll

89,2
2.121,0

77,1
309,6

=
=

158,5
110,5

92,8

86,6

Feb.'11
Jan.'ll
Feb.'ll
Feb.'n
Feb.'ll
Feb,'ll
Feb,'ll

1.989.2
74.7
311,5
89,5
154,0
=

112,3

CPI OPERATING RATE (%)

CPI OUTPUT VALUE ($ BILLIONS)

CPI OUTPUT I N D E X (2007 = 100)

YEAR AGO

PREVIOUS
89.2
2.151.5

70

MARSHALL & SWIFT EQUIPMENT COST INDEX

4ttia
3rd a 2nd a
(1926 = 100)
ista 4th a
2011
1.536,5
Process lndustries.average 1.597,7
1.596,7
Cement
1.565,0
Chemicals
1.583.6
Clay products
1.495,7
Glass
1.613,6
Paint
1.507,6
Paper
.704,9
Petroleum products
.644,2
Rubber
Related Industries
.515.0
Electrical power _
.659.6
Mlning.mllling _
.889.4
Retrlgeratlon

M&SINDEX

Steam power

1.574,3

2010
1,476.7
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

2011
1.533.3
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

2011
1.512.5
1.569.0
1.568.0
1.537,4
1,557.5
1.469,2
1.584.1
1.480.7
1.672.0
1.617.4

1,517,6
1,648,6
1.884,4

1.494,9
1,623,5
1,856,4

1,461,2
1,599,7
1,827,8

1,434,9
1,579,4
1,809.3

1,572,2

1,546,5

1,523,0

1,506.4

2011
1,490.2
1.549.8
1,546.6
1,519,8
1,534,9
1,447,2
1,560,7
1,459,4
1,652.5
1.596,2

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

J A S O N D

CURRENT TRENDS

1545

1530
1515
1500
1485
1470
1455
1440
1425
1410
1395
1380

2003 = 1,123.6
2007 = 1,373.3

Annual Index:
2004 = 1,178.5 2805 = 1 ,244.5
2808 = 1,449.3 2809 = 1 ,468.6

2806 = 1,382.3
2010 = 1,457.4

1365
2nd 3rd
Quarter

4th

Souroe: Marsholl & Swift's Marshall Valuation Service manuai. Reprinted and published with permission of
Marshail & Swift/Boeokh, LLC and its iicensors, copyright 2010, May not be reprinted, copied, automoted or
used for valuation without permission.

84

CHEMICAL ENGINEERING WWW.CHE.COM APRIL 2012

apital equipment prices,

as reflected in the
Plant Cost Index (CEPCI),
increased 0.5% from December to January. This
month's issue presents the
annual 2011 CEPCI, 585.7,
which is an 6.3% increase
from 2010 and an 11.4%
increase from 2009. It also
is the first annual number to
surpass the previous peak
of 2008.
Visit www.che.com/pci for
more information and other
tips on capital cost trends
and methodology.

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