According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.4% in May, following a 0.2% gain in April and a 0.3% decline in March. During May, chemical output was up across all regions except the Ohio Valley, which posted flat growth.
Chemical production was mixed over the three-month period. There were gains in the production three-month moving average (3MMA) output trend in organic chemicals, inorganic chemicals, manufactured fibers, plastic resins, synthetic rubber, other specialty chemicals and industrial gases. These gains were offset by declines in the output of adhesives, fertilizers, crop protection chemicals, consumer products and coatings.