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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