Economic Indicators 2009 c 20101 20111 20121

DOWNLOAD THE CEPCI TWO WEEKS SOONER AT WWW.CHE.COM/PCI

CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)

(1957-59 = 100) Jan.'12 Dec.'ii Jan.'ii

Prelim. Final Final Annual Index:
CEIndex _ 593.1 590.1 564.8
2004 = 444.2
Equipment _ 724.5 718.7 681.9
2005:^468.2 550
Heat exchangers & tanks .- 683.1 681.6 635.8
Process machinery .- 675.7 670.9 643.7 2008 = 499.6
Pipe, valves & fittings _ 924.9 902.1 859.2
_ 427.0 428.0 2007 = 525.4
Process instruments 431,1
Pumps & compresscrs — -911.6 910.1 876.5 2088 = 575.4
Eiectricai equipment -511.6 511.5 495.2
2089 = 521.9
Structural supports & mise _ 768.9 762.4 707.4
Construction iabor - 327.0 331.4 326.6 2810 = 558.8
Buildings - 520.6 519.1 505.5 2811=585.7
Engineering & supervision _ 329.0 329.6 334.8
J F M A M J J A S O N D

CURRENT BUSINESS INDICATORS LATEST PREVIOUS YEAR AGO

CPI output index (2007 = 100) , Feb.'12 89.2 Jan.'12 89.2 Dec.'11 89,2 Feb.'11 86,6
CPI value of output. $ billions . Jan.'12 2.151.5 Dec.'11 = 2.119.8 Nov.'11 = 2.121,0 Jan.'ll 1.989.2
CPI operating rate.% . Feb.'12 77.2 Jan.'12 77.2 Dec,'11 77,1 Feb.'ll 74.7
Producer prices, industriel chemicals (1982 = 100) . Feb.'12 318.1 Jan.'12 = 303.9 Deo,'11 = 309,6 Feb.'n 311,5
Industriai Production in ivionufacturing (2007=100) . Feb.'12 94.0 Jan.'12 93.8 Deo,'11 92,8 Feb.'ll 89,5
Houriy earnings index, chemical & ailied products (1992 = 1 CO) . Feb.'12 156.0 Jan.'12 = 158.8 Deo,'11 = 158,5 Feb,'ll 154,0
Productivify index, chemicais & aiiied products (1992 = 100) . . Feb.'12 108.7 Jan.'12 = 109.3 Deo,'ll = 110,5 Feb,'ll = 112,3

CPI OUTPUT I N D E X (2007 = 100) CPI OUTPUT VALUE ($ BILLIONS) CPI OPERATING RATE (%)
120 ^ 2500 85

110 2200 80

100 1900

90 1600

80 1300

70 1000
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
Current Business indicators provided by IHS Globai Insight, inc. Lexington. Mass.

MARSHALL & SWIFT EQUIPMENT COST INDEX CURRENT TRENDS

1545
(1926 = 100) 4ttia 3rd a 2nd a ista 4th a
2011 2011 2011 2010

C apital equipment prices,

2011 1530
M&SINDEX 1.536,5 1.533.3 1.512.5 1,476.7
1,490.2
1.592.5 1.569.0 1.537.0 1515 as reflected in the Œ
Process lndustries.average — 1.597,7 1.549.8
Cement 1.596,7 1.589.3 1.568.0
1,546.6
1.532,5
1500
Plant Cost Index (CEPCI),
1.565,0 1.559,8 1.537,4 1.507,3
Chemicals 1,519,8 increased 0.5% from De-
Clay products 1.583.6 1,579.2 1,557.5 1,521.4 1485
1,534,9
1.495,7 1,491,1 1.469,2 1,432.7 cember to January. This
Glass 1,447,2
1,545.8 1470
Paint 1.613,6 1,608,7 1.584.1
1,560,7 month's issue presents the
Paper 1.507,6 1,502,4 1.480.7 1,447.6 1455
1,459,4 annual 2011 CEPCI, 585.7,
Petroleum products .704,9 1,698,7 1.672.0 1.640,4
1,652.5
.644,2 1,641.4 1.617.4 1,581,5 1440 which is an 6.3% increase
Rubber 1.596,2
Related Industries 1425 from 2010 and an 11.4%
Electrical power _ .515.0 1,517,6 1.494,9 1,461,2 1,434,9
increase from 2009. It also
Mlning.mllling _ .659.6 1,648,6 1,623,5 1,599,7 1,579,4 1410
Retrlgeratlon .889.4 1.884,4 1,856,4 1,827,8 1,809.3 is the first annual number to
1395
Steam power 1.574,3 1,572,2 1,546,5 1,523,0 1,506.4 surpass the previous peak
1380
of 2008.
Annual Index:
2003 = 1,123.6 2004 = 1,178.5 2805 = 1 ,244.5 2806 = 1,382.3 1365 Visit www.che.com/pci for
2nd 3rd 4th
2007 = 1,373.3 2808 = 1,449.3 2809 = 1 ,468.6 2010 = 1,457.4 Quarter more information and other
Souroe: Marsholl & Swift's Marshall Valuation Service manuai. Reprinted and published with permission of
tips on capital cost trends
Marshail & Swift/Boeokh, LLC and its iicensors, copyright 2010, May not be reprinted, copied, automoted or and methodology. •
used for valuation without permission.

84 CHEMICAL ENGINEERING WWW.CHE.COM APRIL 2012

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