If not in EBSCO Engineering Source, try ProQuest Engineering Journals. The magazine can be accessed online through one of the library's databases; however, a few issues may not have the page containing the CEPCI and other indicators you need. Older values for Marshall & Swift can be found in issues prior to May 2012. – All Rights Reserved. You could also search the keyword phrase "economic indicators" within an issue too. Additional data can be found by selecting EBSCOhost Academic Search Complete and searching "construction economics" or "cost indexes", but the better option is to consult the print in the Current Periodicals or Evans Library 3rd Floor under call number TA1 .E6. text-align: center; .gating-modal.well { } Then select the month/issue. display: none; Breizh. RS Means Environmental remediation. CE’s Online CEPCI provides an easy way around such hassles, granting access to the entire CEPCI database, including all annual archives (1947 to present) and monthly data archives (1970 to present). line-height: 1; A selection of helpful cost–estimation articles that have run in past issues of CE are also provided. } margin-left: -150px; UK trade magazine containing international plant cost indices. And, instead of waiting more than two weeks for the print or online version of Chemical Engineering to arrive, subscribers to the Online CEPCI can access new data as soon as it is calculated. This page provides additional cost metrics including current business indicators such as the CPI Operating Rate. After you locate the issue/month, go to the very last last few pages of that issue for the 1-page section you need, which is titled "Economic Indicators." After clicking on Chemical Engineering (Online) above, select ABI/INFORM or EBSCO Engineering Source. z-index: 1500; This index is published in Chemical engineering magazine from US and it's the reference we all use when we want to do a cost estimate . font-size: 2.5em; text-align: center; Please note that cost data and indices offered at publisher websites may be different from our institutional subscriptions. Click here for one that describes how the CEPCI is calculated. } } From these several thousand indexes, 41 PPIs have been selected as inputs to the CEPCI and sub-indexes. The CEPCI consists of a composite index assembled from a set of four sub-indexes: Equipment; Construction Labor; Buildings; and Engineering & Supervision. Once Engineering Source loads, click the "+" sign next to the year needed along the right side. width: 95%; Select Miscellaneous Journals and then the Economics Tab. Cost data-assemblies. .gating-modal input[type=radio] { The CE Index is updated monthly and it lags in time by about 3 months. position: relative; Look for "UK and International Plant Cost Indices" towards the back of each issue. font-size: 16px; Many CPI professionals, however, are still accessing these numbers the slow way, shuffling back through library archives for the old reference values and waiting for print copies of Chemical Engineering to arrive in the mail with the most recently calculated numbers. After you locate the issue/month, go to the very last last few pages of that issue for the 1-page section you need, which is titled "Economic Indicators." } According to BLS, the PPIs “track the average change in net transaction prices that domestic producers in the mining, manufacturing, agriculture, and forestry sectors, as well as selected services industries, receive for the products that they make and sell.” The price quotations that the BLS uses to build these indexes come from a statistically chosen sample of representative transactions obtained from a statistically chosen sample of representative producers in each 600 or so industries. Contact Sarah Garwood, Audience Development Director, for site license, single and group subscription questions. Get Chemical Engineering’s Plant Cost Index to Improve Plant Cost Estimates…  and delivered online in advance of the print edition! As you can see, the Online Chemical Engineering Plant Cost Index provides the resource you need to plant construction cost accuracy. Good luck. If that occurs, you'll need to consult the print version. .gating-modal img { font-weight: bold; The Online CEPCI subscription provides the following: PDF files of Chemical Engineering’s monthly Economic Indicator pages. left: 50%; Includes commodities and manufactured goods. .gating-modal p { NOTE: Due to COVID-19, the areas with the print version of the magazine may be inaccessible. /* fix of the auto-br WP problem */ Privacy Policy. When you subscribe to Chemical Engineering magazine you can opt to receive the digital version of the magazine, just specify “digital edition” in the subscription process. } Chemical Engineering Magazine - Chemical Engineering Plant Cost Index (CEPCI), CHEN 425 - Process Integration, Simulation and Economics (Fall 2020). Producer Price Index measures the average change in the selling prices received by domestic producers for their output. Once Engineering Source loads, click the "+" sign next to the year needed along the right side. If you are unable to locate the CEPCI you need in the online version as described above, please contact me at hubbardd@library.tamu.edu for assistance. The Chemical Engineering Plant Cost Index Since its introduction in 1963, the Chemical Engineering Plant Cost Index (CEPCI) has served as an important tool for chemical-process-industry (CPI) professionals when adjusting process plant construction costs from one period to another. }. Chemical Engineering Index, CE: composed of 4 major components – equipment, construction labor, buildings, and engineering and supervision – the index is employed primary as a process plant construction index, was established using a base period of 1957-1959 as 100. margin: 20px auto; .gating-login-form { Chemical Engineering, a trade magazine for chemical engineers, contains the Chemical Engineering Plant Cost Index (CEPCI) and other economic indicators.The magazine can be accessed online through one of the library's databases; however, a few issues may not have the page containing the CEPCI and other indicators you need. RELIANCE ON ANY INFORMATION SUPPLIED IN THIS PUBLICATION IS SOLELY AT YOUR OWN RISK. Please Note: The CEPCI for a particular month runs about 3-4 months behind the publication date of the magazine.