Economic Indicators 2009 2008 20071

CHEMICAL ENGINEERING PLANT COST INDEX (CEPCI)

(1957-59 = 100) Dec.'OS Nov.'08 Dec.'07
Prelim. Final Final Annual Index:
CfINDEX 548.4 566.2 525.0 2000 = 394.1 600
Equipment - 654.4 681.3 623.3
2001=394.3
Heat exctiangers & tanks 618.3 655.8 593.6
Process mactiinery 623.2 641.0 597.9 2002 = 395.8 550
Pipe, valves & tittings 806.1 831.8 727.2 2003 = 402.0
Process instruments 397.0 415.6 414.4
2004 = 444.2 500
Pumps & compressors 891.3 896.5 840.0
Eiectricai equipment 459.7 461.7 436.3 2005 = 488.2
Structurai supports & mise 684.0 718.0 660.8
2008 = 499.8 450
Construction iabor 328.3 326.4 317.0
Buildings 503.6 514.0 477.0 2007 = 525.4
Engineering & supervision 349.9 350.6 356.2 400 11 II11II11 II11 II11 II 11II11 II i 1 II i 1II11 II i 1II11
J F M A M J J A S O N D
Starting witti the Aprii 2007 Final numbers, several at ttie data series for labor a n d compressors hove been
converted to a c c o m m o d a t e series iDs that were discontinued by the U.S. Bureau of Labor Statistics

LATEST PREVIOUS YEAR A G O

CURRENT BUSINESS INDICATORS
CPi output index (2000 = 1 0 0 ) . Jan.W 92.7 Dec.'08 93.9 Nov.'08 98.1 Jan.'08 109.2
CPi value ot output, $ biilions _ Dec.'08 1,430.0 Nov.'08 1,535.2 Oct.'08 1,744.1 Dec.'07 1,846.4
CPI operating rate, % Jan.'09 68.1 Dec.'08 69.0 Nov.'08 72.2 Jan.'08 81.4
Construction cost index (1967 = 100) Feb.'09 794.4 Jan.'09 795.9 Dec.'08 796.1 Feb.'08 753.5
Producer prices, industrial ohemicais (1982 = 100)_ Jan.'09 226.2 Dec.'08 225.2 Nov.'08 260.6 Jan.'08 251.6
industriai Production in Manufaoturing (2002=100) •_ Jan.'09 99.2 Dec.'08 101.8 Nov.'08 104.8 Jan.'08 113.8
Houriy earnings index, ctiemical & aliied products (1992 = 100) Jan.'09 144.8 Dec.'08 144.2 Nov'08 144.3 Jan.'08 141.8
Productivity index, chemicais & aiiied products (1992 = 100) Jan.'09 125.6 Dec.'08 125.7 Nov.'08 128.1 Jan.'08 136.0

CPI OUTPUT INDEX (2000 = 100) CPI OUTPUT VALUE ($ Billions)

85
CPI OPERATING RATE( %)
115 Ü 2500

2200 81

105 1900 77

100 1600 73

95 1300 69

1 1
n

90 1000 65
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
" Due to discontinuance, the index ot industrial Activity has been replaced by the industrial Production in Manufacturing index from fhe U.S. Fédérai Reserve Board.
CuriBhf business indicators provided by Globai insight, inc., Lexington, Moss.

MARSHALL & SWIFT EQUIPMENT COST INDEX CURRENT TRENDS

(1926 = 100) 4th Q 3rdâ 2ndâ istQ 4th Gk 1500 The CEPCI continues its de-
2008 2008 2008 2008 2007
1485
cline in the December prelim-
M & S INDEX . 1,487.2 1,469.5 1,431.7 1,408.6 1,399.2 inary numbers (top), reflect-
Process Industries, a v e r a g e _ 1,561.2 1,491.7 1,463.2 1,452.3 1470
1,538.2 ing a substantial decrease
Cement 1,553.4 1,522.2 1,473.5 1,448.1 1,435.3 1455
in copper and steel prices,
Chemicals 1,533.7 1,511.5 1,464.8 1,438.5 1,427.9 1440 which is caused by an overall
Clay products 1,524.4 1,495.6 1,453.5 1,429.1 1,415.0
1425 economic slowdown world-
Glass 1,448.1 1,432.4 1,385.1 1,359.7 1,348.8
1,564.2 1,543.9 1,494.8 1,467.6 1,457.1
1410 wide. Meanwhile, the drop in
Paint
Paper 1,462.9 1,443.1 1,400.0 1,377.7 1,369.2 1395 the CPI operoting rate (mid-
Petroleum p r o d u c t s . 1,668.9 • 1,644.4 1,594.4 1,555.8 1,543.7 1380 dle) has not yet leveled.
Rubber 1,604.6 1,575.6 1,537.5 1,512.3 1,500.1
1365
Next month's issue will
Related industries
Electrical power _ 1,454.2 1,454.4 1,412.8 1,380.4 1,374.9 ^^^ feature a helpful orticle on
Mining, milling 1,567.5 1,546.2 1,498.9 1,473.3 1,460.8 1335 cost estimation as well as
Refrigeration 1,818.1 1,793.1 1,741.4 1,711.9 1,698.8 1320 one describing the basis for
1st 2nd 3rd
Steam power 1,521.9 1,499.3 1,453.2 1,426.8 1,416.4 Quarter the CEPCI,

Annual Index: Visit www.che,com/pci for

2001=1,093.9 2003 = 1,123.8 2005 = 1,244.5 2007 = 1,373.3 more on the CEPCI. •
2002 = 1,104.2 2004 = 1,178.5 2008 = 1,302.3 2008 = 1,449.3

64 CHEMICAL ENGiNEERING W W W . C H E . C O M M A R C H 2009