According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) continued to expand, rising 0.8% in December following an upwardly revised 0.9% gain in November.
According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) continued to expand, rising 0.8% in December following an upwardly revised 0.9% gain in November. Chemical output remained ahead of month ago levels in all regions.
Also measured on a three-month moving average (3MMA) basis, chemical production by segment was mixed. There were gains in the output of organic chemicals, chlor-alkali, synthetic rubber, coatings, synthetic dyes and pigments, industrial gases, consumer products, pesticides, adhesives and pharmaceuticals. These gains were partially offset by declines in the production of fertilizers, plastic resins, synthetic fibers, acids and other inorganic chemicals.
Manufacturing…
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