Economic Indicators are used to judge the health of an industry or market segment. Indicators vary from industry to industry and some may fall out of favor. The first resource listed below, Chemical Engineering (magazine), is the source of the most well know economic indicators used in chemical engineering.
A cost index shows the change in cost over a span of time.
The index will always have a date for the base figure of 100. The numbers in the table can be thought of as percentages representing how the cost has risen or fallen when compared to the base.
So if the index indicates that 2007 is the base (i.e., 100) and for 2013 the index is "134", then the 2013 cost was 34% higher than the base point. If instead, the 2013 cost was 94, that would indicate that the cost had fallen 6% from the base.
Contains a monthly column called "Economic Indicators" which includes:
To find the Economic Indicators column, go to the ABI/Inform database, and do an "Advanced Search" for
ECONOMIC INDICATORS in the DOCUMENT TITLE
CHEMICAL ENGINEERING in the PUBLICATION TITLE
Producers Price Index (US Bureau of Labor Statistics)
"... measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services."
To find the PPI, in the left column, click on "PPI Databases", then select the "One Search Screen" icon for either the Industry Data or Commodity Data.