The US chemical production regional index (CPRI) was 0.6%
higher in April after a 0.2% gain in March, new data from the
American Chemistry Council (ACC) trade group showed on
All seven regions in the US grew in April. The US
regions are defined by the ACC as the Gulf Coast, Midwest,
Ohio Valley, Mid-Atlantic, Southeast, Northeast and West
The Gulf Coast, dominated by the output of
shale-gas-advantaged products such as petrochemicals,
inorganics and synthetic materials, posted a 0.6% increase in
April. That reversed course from a 0.5% decline in March.
Manufacturing production unexpectedly slipped during April,
however. On a three-month moving average (3MMA), output of
the nations overall manufacturing sector was 0.6%
higher in April, following an upwardly-revised 0.4% increase
Within the manufacturing sector, output in many key chemistry
end-use markets expanded, including appliances, motor
vehicles, aerospace, construction
fabricated metal products, computers, semiconductors, plastic
products, rubber products, plywood, printing, textile
products, and furniture.
Also measured on a 3MMA basis, overall chemical production
was again mixed. There were gains in the output of
chlor-alkali and other inorganic chemicals, synthetic dyes
and pigments, industrial gases, consumer products, adhesives,
organic chemicals, pharmaceuticals, and coatings.
These gains were partially offset by declines in the
production of plastic resins, pesticides, fertilizers, and
manmade fibers. Synthetic rubber production was flat for a
second straight month.
Compared to April 2013, total chemical production in all
regions was ahead by 2.0% on a year-over-year basis,
following a revised 1.4% gain in March. Chemical production
was up from a year ago in all regions.
Comparing the first four months of 2014 to that in 2013,
chemical production was up 1.1% nationally, with six of the
seven regions posting gains.