The U.S. Chemical Production Regional Index (U.S. CPRI), rose 1.2% in December following a 0.6% gain in November and a 1.2% increase in October, according to the American Chemistry Council. During December, chemical output grew in all regions, with the largest gains occurring in the Gulf Coast and Midwest regions. Chemical production expanded in all segments except miscellaneous other inorganic chemicals. The U.S. CPRI is measured on a three-month moving average basis.
Compared with December 2019, U.S. chemical production was off 2.7%, the nineteenth consecutive month of year-over-year declines, but reflecting improvement versus earlier in the year. Chemical production remained lower than a year ago in all regions, with the largest year-ago declines seen in the Northeast, Mid-Atlantic, and West Coast regions.