Economic Indicators
CEIndex
July'11
Prelim.
_ 593.2
Equipment
Heat exchangers & tanks
Process machinery
Pipe, valves & fittings
Process instruments
Pumps & compressors
Electrical equipment
Structural supports & mise
Construction labor
Buildings
Engineering & supervision
_
_
_
_
_
_
_
_
.-
July'10
Final
550.7
659.2
611.1
626.0
821.7
416.8
902.4
481.6
679.7
328.7
506.7
338.4
June'11
Final
588.9
718.0
678.0
664.5
904.8
440.9
904.7
510.8
760.7
325.6
519.1
332.6
724.1
681.8
675.8
915.3
446.9
909.5
512.5
764.7
327.1
520.6
332.1
Annual Index:
2003 = 402.0
2004 = 444.2
2005 = 468.2
2006 = 499.6
2007 = 525.4
2008 = 575.4
2009 = 521.9
2010 = 550.8
550
CURRENT BUSINESS INDICATORS
Jul.'ll
CPI value of output. $ biliions
87.5
Jui,'ll
2.100,2
Jun.'ll
CPI operating rate. %
.Aug.'ll
75,5
Jul'll
Producer prices, industrial chemicais (1982 = 100)
.Aug.'ll
336,5
Jui,'ll
Industrial Production in Manufacturing (2007=100)
.Aug.'ll
Hourly earnings index, chemical & aiiied products (1992 = 100)
.Aug.'ll
Productivity index, chemicals & aiiied products (1992 = 100)
.Aug.'ll
F M A M J
Jun,'ll
87.0
Aug.'10
85.1
2.073.4
May'11
2.065.1
Jul.'lO
1.706.3
75.3
Jun.'ll
75,0
Aug.'10
72.9
338.0
Jun.'ll
342,6
Aug.'10
260.7
90.7
Jui,'ll
90.3
Jun.'ll
89.8
Aug.'lO
87.4
157.7
Jul.'ll
159,2
Jun.'ll
158.0
Aug.'lO
158.3
110,2
Jul'll
111.0
Jun,'ll
111,0
Aug.'lO
110.9
CPI OPERATING RATE (%)
t20 _
2500
85
110
2200
80
100
1900
75
90
1600
70
1300
65
1000
60
J F M A M J J A S O N D
YEAR AGO
87,3
CPI OUTPUT VALUE ($ BILLIONS)
CPI OUTPUT INDEX (2007 = 100)
J A S O N D
PREVIOUS
LATEST
_ Aug.'ll
CPi output index (2007 = 100)
2011
65a
CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)
(1957-59 = 100)
2010 I
2009 (
J F M A M J J A S O N D
J F M A M J J A S O N D
Current Business Indicators provided by Global Insight, inc.. Lexington. Mass.
CURRENT TRENDS
MARSHALL & SWIFT EQUIPMENT COST INDEX
1545
3rdQ
2nda
Ista
4tha
3rda
2011
M &S INDEX
1.533.3
Process Industries, average 1.592.5
Cement
1.589.3
Chemicals
1.559.8
Clay products
1.579.2
Glass
1.491.1
Paint
1.608.7
Paper
1.502.4
Petroieum products
1.698.7
Rubber
^
1.641.4
Reiated industries
1.517.6
Eiectrical power _
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
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
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
2010
1.473.3
1.534.4
1.530,0
1.505,2
1.518.3
1.428.5
1.542.1
1.444,5
1.637.0
1.579.3
1.494.9
1.461.2
1.434.9
1.419.2
Mining, miiiing
1.648.6
1.623.5
1.599.7
1.579,4
1.576.7
1410
Refrigeration
Steam power
1.884,4
1.572.2
1.856,4
1.546.5
1.827.8
1.523.0
1.809,3
1.506,4
1.804.8
.1.502,3
1395
(1926 = 100)
1515
1500
1485
1470
1455
1440
1425
1380
Annual Index:
2003 = 1,123.6 2004 = 1,178.5 2005 = 1,244.5
2007 = 1,373.3 2008 = 1,449.3 2009 = 1,468.6
2006 = 1,302.3
2010 = 1,457.4
1365
1st
2nd 3rci
Quarter
4tti
Source: Marshali & Swift's Marshall Vaiuation Service manual. Reprinted a n d published with permission of
Marshall & Swift/Boeckh. LLC a n d its iicensors. copyright 2010, May not be reprinted, copied, automated or
used for vaiuafion vtfithout permission.
80
CHEMICAL ENGINEERING WWW.CHE.COM OCTOBER 2011
apital equipment prices,
as reflected in the CE
Plant Cost Index (CEPCI),
increased approximately
0.73% on average from
June to July, after increasing approximately 1.2%
from May to June.
Meanwhile, according to
the Current Business Indicators (see middle table) from
Global Insight, Inc., August
saw increases in the CPI
output index, the CPI value
of output and the CPI operating rate.
Visit wv*^.che.com/pci for
more information and other
tips on capital cost trends
and methodology.
1530
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