According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) rose 1.9% in December, following a 1.4% gain in November, and a 0.4% gain in October. The upturn continues to reflect higher manufacturing activity in key end-use markets, in addition to recovery from hurricane disruptions. During December, chemical output increased in all regions, with the largest gains in the Gulf Coast, Ohio Valley, Midwest and Southeast regions.
Chemical production was mixed over the same three-month period. There were gains in the production three-month moving average output trend of organic chemicals, plastic resins, pesticides, coatings, adhesives, fertilizers, chlor-alkali, synthetic rubber, and pharmaceuticals. These gains were offset by declines in the output trend in other specialties, synthetic dyes and pigments, industrial gases, and manufactured fibers.