U.S. Chemical Production Continues to Rise

Compared to January 2012, total chemical production in all regions was up 0.9 percent and remained ahead year-over-year in all regions except the Mid-Atlantic and West Coast regions, which were off from a year ago.

Output of the nation's overall manufacturing sector rose by 0.8 percent in January, following a 0.7 percent gain in December, based on a three-month moving average (3MMA). Within the manufacturing sector, output in several key chemistry end-use markets increased, including appliances, motor vehicles, aerospace, construction supplies, machinery, computers, plastics products, paper, structural panels, textile products, printing, apparel, and furniture.

Compared to January 2012, total chemical production in all regions was up 0.9 percent and remained ahead year-over-year in all regions except the Mid-Atlantic and West Coast regions, which were off from a year ago. Year-ago comparisons are improving for the U.S. as a whole with all regions trending upward on a Y/Y basis.

The U.S. CPRI was developed by Moore Economics to track chemical production activity in seven regions of the United States and is comparable to the U.S. industrial production index for chemicals published by the Federal Reserve. To smooth month-to-month fluctuations, the U.S. CPRI is measured using a three-month moving average. Thus, the reading in January reflects production activity during November, December, and January.

Bulwark FR Quiz

OH&S Digital Edition

  • OHS Magazine Digital Edition - September 2020

    September 2020

    Featuring:

    • WINTER HAZARDS
      Winter Hazards Preparation Should Kick Off in the Fall Months
    • OIL & GAS
      How Safety Has Become a Priority for the Oil Sector
    • COMBUSTIBLE DUST
      Protecting the Plant from Catastrophic Combustible Dust Explosions
    • FACILITY SAFETY
      Empowering Workers in an Uncertain World
    View This Issue