• Author / Uploaded
• Ivan Fisgativa Villarraga

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Economic Indicators 2014

2015

2016

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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 _________________________________

Mar. '16 Prelim.

Feb. '16 Final

Mar.'15 Final

533.9 635.5 538.7 644.0 800.3 383.2 969.7 508.3 697.4 323.9 538.5 316.8

533.9 637.0 546.2 648.6 791.2 378.9 972.2 506.7 700.0 319.5 536.9 315.8

568.6 688.1 624.5 672.2 858.5 404.0 953.5 513.5 745.9 321.8 545.3 319.0

625

Annual Index: 2008 = 575.4

600

2009 = 521.9 2010 = 550.8

575

2011 = 585.7 2012 = 584.6

550

2013 = 567.3 2014 = 576.1

525

2015 = 556.8 500

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

J

F

M

A

M

J

J

A

PREVIOUS

S

O

N

YEAR AGO

CPI output index (2012 = 100) ____________________________________________________ CPI value of output, $ billions _____________________________________________________ CPI operating rate, % __________________________________________________________ Producer prices, industrial chemicals (1982 = 100) ____________________________________

Apr.'16 Mar.'16 Apr.'16 Apr.'16

= = = =

102.0 1,742.1 75.0 221.6

Mar.'16 Feb.'16 Mar.'16 Mar.'16

= = = =

102.2 1,704.3 75.2 219.2

Feb.'16 Jan.'16 Feb.'16 Feb.'16

= = = =

101.9 1,713.4 74.9 221.7

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

= = = =

101.3 1,902.6 75.0 245.5

Industrial Production in Manufacturing (2012=100)* ____________________________________ Hourly earnings index, chemical & allied products (1992 = 100) ____________________________ Productivity index, chemicals & allied products (1992 = 100) ______________________________

Apr.'16 Apr.'16 Apr.'16

= = =

103.4 161.9 102.5

Mar.'16 Mar.'16 Mar.'16

= = =

103.1 160.1 102.6

Feb.'16 Feb.'16 Feb.'16

= = =

103.4 158.6 101.9

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

= = =

102.9 158.1 102.5

110

CPI OUTPUT INDEX (2000 = 100)†

105

2300

CPI OUTPUT VALUE ($ BILLIONS)

2200

100

80

D

CPI OPERATING RATE (%)

78

2100

76

95 2000

90

74

1900

85

72

1800

80 75

J F M A M J

J A S O N D

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

*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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The Economic Indicators department includes current industry trends and the Plant Cost Index. As one of the most valued sections in the magazine, your ad is guaranteed to reach decision makers each month. Contact your sales representative to secure this spot. JASON BULLOCK [email protected]

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76

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CHEMICAL ENGINEERING

T

he March 2016 preliminary value for the CE Plant Cost Index (CEPCI; top; the most recent available) stayed even with the value from the previous month, with the Construction Labor, Buildings and Engineering & Supervision subindices all rising, while the Equipment subindex dipped slightly. The preliminary March 2016 CEPCI value is 6.1% lower than the corresponding value from March last year. This is again a smaller yearover-year difference than in the preceding several months. Meanwhile, the latest Current Business Indicators (CBI; middle) for April 2016 showed small decreases in the CPI output index and the CPI operating rate compared to the previous month. Producer prices edged higher in April, after a series of recent decreases.

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JUNE 2016