The U.S. Chemical Production Regional Index rose by 0.3% in July, following a revised 0.2% gain in June and flat growth over the March to May period, according to the American Chemistry Council (ACC).
Over the same period, chemical production by segment was reportedly mixed. There were gains in the output of organic chemicals, inorganic chemicals, synthetic rubber, plastic resins, agricultural chemicals and pharmaceuticals. However, these gains were offset by declines in the production of industrial gases, consumer products, coatings, manufactured fibers, and other specialties.