According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) edged higher by 0.3% in June, following a 0.3% gain in May, and a 0.4% decline in April, as measured on a three-month moving average (3MMA) basis. During June, output grew in all regions except the Ohio Valley which was flat and the Gulf Coast which edged lower.
Also measured on a 3MMA basis, chemical production was mixed. There were gains in the production three-month moving average output trend of consumer products, pharmaceuticals, other specialty chemicals, pesticides and organic chemicals.