Economic Indicators

2014 2015 2016

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CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)

625

(1957-59 = 100) Mar. '16 Feb. '16 Mar.'15 Annual Index:

Prelim. Final Final
2008 = 575.4 600
CE Index ______________________________________________ 533.9 533.9 568.6
Equipment ____________________________________________ 635.5 637.0 688.1 2009 = 521.9
Heat exchangers & tanks _________________________________ 538.7 546.2 624.5
2010 = 550.8 575
Process machinery _____________________________________ 644.0 648.6 672.2
Pipe, valves & fittings ____________________________________ 800.3 791.2 858.5 2011 = 585.7
Process instruments ____________________________________ 383.2 378.9 404.0 2012 = 584.6 550
Pumps & compressors ___________________________________ 969.7 972.2 953.5
Electrical equipment ____________________________________ 508.3 506.7 513.5 2013 = 567.3
Structural supports & misc ________________________________ 697.4 700.0 745.9 2014 = 576.1 525
Construction labor _______________________________________ 323.9 319.5 321.8
Buildings _____________________________________________ 538.5 536.9 545.3 2015 = 556.8
Engineering & supervision _________________________________ 316.8 315.8 319.0 500
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 (2012 = 100) ____________________________________________________ Apr.'16 = 102.0 Mar.'16 = 102.2 Feb.'16 = 101.9 Apr.'15 = 101.3
CPI value of output, $ billions _____________________________________________________ Mar.'16 = 1,742.1 Feb.'16 = 1,704.3 Jan.'16 = 1,713.4 Mar. '15 = 1,902.6
CPI operating rate, % __________________________________________________________ Apr.'16 = 75.0 Mar.'16 = 75.2 Feb.'16 = 74.9 Apr.'15 = 75.0
Producer prices, industrial chemicals (1982 = 100) ____________________________________ Apr.'16 = 221.6 Mar.'16 = 219.2 Feb.'16 = 221.7 Apr.'15 = 245.5
Industrial Production in Manufacturing (2012=100)* ____________________________________ Apr.'16 = 103.4 Mar.'16 = 103.1 Feb.'16 = 103.4 Apr.'15 = 102.9
Hourly earnings index, chemical & allied products (1992 = 100) ____________________________ Apr.'16 = 161.9 Mar.'16 = 160.1 Feb.'16 = 158.6 Apr.'15 = 158.1
Productivity index, chemicals & allied products (1992 = 100) ______________________________ Apr.'16 = 102.5 Mar.'16 = 102.6 Feb.'16 = 101.9 Apr.'15 = 102.5

CPI OUTPUT INDEX (2000 = 100) CPI OUTPUT VALUE ($ BILLIONS) CPI OPERATING RATE (%)
110 2300 80

105
2200 78
100
2100
95 76
2000
90
74
1900
85
72
80 1800

75 1700 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.
For the current months CPI output index values, the base year was changed from 2000 to 2012
Current business indicators provided by Global Insight, Inc., Lexington, Mass.

CURRENT TRENDS

T he March 2016 preliminary value for

the CE Plant Cost Index (CEPCI; top;

EXCLUSIVE AD SPACE AVAILABLE!

the most recent available) stayed even
with the value from the previous month,
Feature your marketing message with the Construction Labor, Buildings
and Engineering & Supervision subindi-
ces all rising, while the Equipment sub-
The Economic Indicators department includes current industry index dipped slightly. The preliminary
trends and the Plant Cost Index. As one of the most valued sections March 2016 CEPCI value is 6.1% lower
in the magazine, your ad is guaranteed to reach decision makers than the corresponding value from March
each month. Contact your sales representative to secure this spot. last year. This is again a smaller year-
over-year difference than in the preced-
JASON BULLOCK TERRY DAVIS ing several months. Meanwhile, the latest
jbullock@chemengonline.com tdavis@chemengonline.com
Current Business Indicators (CBI; middle)
DAN GENTILE PETRA TRAUTES for April 2016 showed small decreases in
dgentile@chemengonline.com ptrautes@accessintel.com chemengonline.com/mediakit the CPI output index and the CPI operat-
ing rate compared to the previous month.
Producer prices edged higher in April,
after a series of recent decreases.
76 CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM JUNE 2016