According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI), as measured on a three-month moving average (3 MMA) basis, continued to expand, rising by 0.2 percent in February following a downwardly revised 0.3 percent gain in January. The gain in February was the eleventh consecutive monthly gain. All major chemical producing regions posted consecutive gains in February.
Also measured on a 3MMA basis, chemical production by segment was mixed. There were gains in the output of organic chemicals, chlor-alkali, synthetic rubber, synthetic dyes and pigments, industrial gases, consumer products, and pharmaceuticals. These gains were partially offset, however, by declines in the production of fertilizers, coatings, adhesives, plastic resins, synthetic fibers, acids, pesticides, and other specialty chemicals.
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