Chemical Engineering November 2018 - 72

Economic Indicators
2016
2017
Download the CEPCI two weeks sooner at www.chemengonline.com/pci
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
625
Aug. '18
Prelim.
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 _________________________________
613.6
749.8
669.3
728.1
979.8
421.3
1029.1
539.7
826.6
335.7
602.1
307.5
July '18
Final
607.2
740.1
656.2
724.3
966.5
422.6
1025.8
538.0
809.9
335.7
602.5
307.6
Aug. '17
Final
571.9
690.6
605.8
684.8
892.7
405.9
984.7
521.7
741.4
330.0
562.6
310.5
Starting in April 2007, several data series for labor and compressors were converted to accommodate series IDs discontinued by
the U.S. Bureau of Labor Statistics (BLS). Starting in March 2018, the data series for chemical industry special machinery was
replaced because the series was discontinued by BLS (see Chem. Eng., April 2018, p. 76-77.)
CURRENT BUSINESS INDICATORS
CPI output index (2012 = 100) ____________________________________________________
CPI value of output, $ billions _____________________________________________________
CPI operating rate, % __________________________________________________________
Producer prices, industrial chemicals (1982 = 100) ____________________________________
Industrial Production in Manufacturing (2012 =100)* ___________________________________
Hourly earnings index, chemical & allied products (1992 = 100) ____________________________
Productivity index, chemicals & allied products (1992 = 100) ______________________________
CPI OUTPUT INDEX (2000 = 100)†
100
105
110
75
80
85
90
95
J F M A M J J A S O N D
1700
1800
1900
2000
2100
2200
2300
J F M A M J J A S O N D
LATEST
Sept. '18 = 102.5
Aug. '18 = 1,997.9
Sept. '18 = 76.3
Sept. '18 = 278.8
Sept. '18 = 104.8
Sept. '18 = 185.7
Sept. '18 = 96.5
PREVIOUS
Aug. '18 = 102.7
Jul. '18 = 1,991.3
Aug. '18 = 76.4
Aug. '18 = 279.1
Aug. '18 = 104.6
Aug. '18 = 183.0
Aug. '18 = 97.7
CPI OUTPUT VALUE ($ BILLIONS)
70
72
74
76
78
80
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 month's 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
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72
Managing Vapor and
Particulate Emissions
Guidebook
he preliminary value for the August
2018 CE Plant Cost Index (CEPCI;
top; most recent available)
compared to the previous
increased
month's
value, continuing an upward trend that
has been in place throughout 2018. The
increase, however was driven by gains
in the Equipment subindex and subcategories
only. The Construction Labor
subindex remained flat this month and
the Buildings and Engineering & Supervision
subindexes decreased slightly for
August. The overall CEPCI for August
stands at 7.3% higher than the corresponding
value from August of last
year. Meanwhile, the CBI data (middle)
for Sept. 2018 show a small decrease in
the CPI output index from August, and
a small reduction in CPI operating rate.
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
NOVEMBER 2018
T
Jul. '18 = 102.8
Jun. '18 = 1,989.0
Jul. '18 = 76.6
Jul. '18 = 277.8
Jul. '18 = 104.3
Jul. '18 = 183.7
Jul. '18 = 96.9
YEAR AGO
Sept. '17 = 98.7
Aug. '17 = 1,781.6
Sept. '17 = 74.1
Sept. '17 = 254.2
Sept. '17 = 101.3
Sept. '17 = 180.0
Sept. '17 = 94.0
CPI OPERATING RATE (%)
Annual Index:
2010 = 550.8
2011 = 585.7
2012 = 584.6
2013 = 567.3
2014 = 576.1
2015 = 556.8
2016 = 541.7
2017 = 567.5
600
575
550
525
500
J F M A M J J A S O N D
2018
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Chemical Engineering November 2018

Table of Contents for the Digital Edition of Chemical Engineering November 2018
