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U.S. Chemical Production Declines in February

According to the American Chemistry Council, the U.S. Chemical Production Regional Index fell by 0.4% in February, following a revised 0.2% gain in January and a 0.5% gain in December. During February, chemical output fell across all regions, with the largest declines in the Gulf Coast and Ohio Valley regions.

Compared with February 2018, U.S. chemical production was up by 4.4% on a year-over-year basis, an improving comparison. Chemical production was higher than a year ago in all regions, with the largest gains in the Gulf Coast region, reflecting gains in the output at new shale-advantaged plants.

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