According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) fell 0.4% in January, following a 2.2% gain in December, and a 1.8% gain in November, as measured on a three-month moving average (3MMA) basis. During January, chemical output fell in all regions, with the largest declines in the West Coast, Midwest, and Mid-Atlantic regions. All data excludes pharmaceuticals.
Chemical production was mixed over the same three-month period. There were gains in the production three-month moving average output trend of other basic inorganic chemicals, industrial gases, fertilizers, synthetic dyes and pigments, and plastic resins. These gains were offset by declines in the output trend in pesticides, manufactured fibers, adhesives, coatings, organic chemicals, chlor-alkali, consumer products, and synthetic rubber.