The figures shown are illustrative and represent a historical sample from Intratec Industry Economics Worldwide. For up-to-date monthly data on key factors impacting the costs of commodity manufacturing across up to 33 countries, subscribe to Intratec Industry Economics Worldwide.
Data Use
The monthly IC indexes series measure the change in the average cost at which a plant is constructed. All available IC indexes series start back in January 2000 (base period) when the indexes are set at 100 (base value). IC indexes and key manufacturing cost factors in United States and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics & Competitiveness. To better understand data provided check Industry Economics & Competitiveness Methodology .
Data Delivery Methods
IC Indexes are available via different delivery methods:
- Online charts
- Directly into Excel (using Intratec Add-in)
- Power BI dashboards
- Web API (to facilitate integration with existing workflows)
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About IC Indexes
IC Indexes are based on a robust methodology, which involves gathering and processing a huge amount of data from several countries. The index reconciles prices trends of fundamental components of an industrial plant construction such as labor, material and energy, providing meaningful historical and forecast data for users.
IC Indexes are straightforward, handy tools for a series of purposes, like capex estimation, feasibility studies and investment analysis. Intratec Plant Construction Indexes cover as many as 33 countries, and are suitable for industrial plants from several sectors, spanning the fields of Oil & Energy, Fertilizers & Gases, Olefins & Derivatives, Aromatics & Derivatives, Alcohols & Organic Acids, Inorganic Chemicals, Polymers, Food & Nutrition, Metals & Mining, Pharmaceuticals and Water & Utilities.
About United States Manufacturing Industry
The United States boasts the largest and most diverse economy in the world, driven by a combination of cutting-edge technology, innovation, and a highly developed industrial base. The U.S. manufacturing sector is a cornerstone of the economy, playing a crucial role in generating employment, driving exports, and sustaining economic growth. Key industries include aerospace, automotive, electronics, chemicals, and machinery, all of which contribute significantly to the nation's GDP.
U.S. manufacturing is characterized by its advanced technology, high productivity, and a strong emphasis on research and development. The sector benefits from a skilled and adaptable workforce, a vast domestic market, and world-class infrastructure. The country's leading position in innovation is further supported by significant investments in emerging technologies, such as artificial intelligence, robotics, and advanced manufacturing techniques, which continue to propel the sector forward.
As the United States continues to lead in areas like digital transformation, automation, and sustainable practices, its manufacturing industry remains critical to the nation's economic strength and global influence. The ongoing focus on innovation and technological advancement ensures that the U.S. will maintain its position as a dominant force in the global economy for years to come.
