The US Chemical Production Regional Index (CPRI) slipped by
0.3% in April following a downwardly-revised 0.4% decline in
March, data from the American Chemistry Council (ACC) trade
group showed on Wednesday.
Chemical production fell across all US regions on a
month-over-month basis, the group said.
The chemistry industry is one of the largest industries in the
US, a $720 billion enterprise. The manufacturing sector is the
largest consumer of chemical products, and 96% of manufactured
goods are touched by chemistry.
Using a three-month moving average of the Federal Reserve
data comparable to the CPRI, output of the nations
overall manufacturing sector rose by 0.3% in April, following a
0.5% gain in March.
Within the manufacturing sector, output in several key
chemistry end-use markets increased, including motor vehicles,
aerospace, construction supplies, machinery,
computers, plastic and rubber products, paper, textile mill
products and furniture.
Also measured on a three-month moving average basis,
chemical production was mixed.
Output slipped in several key segments including
pharmaceuticals, organic chemicals, plastic resins and
Many segments, however, saw rising production. Some of the
largest gains were in man-made fibers, adhesives, industrial
gases, chlor-alkali and inorganic chemicals.
Compared to April 2011, total chemical production in all
regions was up 0.3% and remained ahead year-over-year in all
regions except the Gulf Coast, Mid-Atlantic and West Coast
On a year-to-date basis (comparing the first four months of
2012 with those a year ago), chemical production was up 0.5%
All regions were ahead on a year-to-date basis except the
Gulf Coast region.