US chemical production index slips 0.3% in May

02 July 2012 20:57  [Source: ICIS news]

HOUSTON (ICIS)--The American Chemistry Council’s (ACC) May chemical production regional index (CPRI) slipped by 0.3% from April, with falling output noted for gases, plastic resins, pesticides, adhesives and other specialties, the council said on Monday.

“Many segments, however, saw rising production,” the ACC said. “Some of the largest gains were in consumer products, synthetic rubber, coatings and fertilizers.”

The index fell across all regions month on month and was flat year on year.

The three-month moving average follows a downwardly revised 0.5% decline in April.

Compared with May 2011, chemical production in all regions was unchanged and was down year-on-year in all regions except the Gulf coast and Ohio Valley regions.

The ACC noted that the production index for all US manufacturing fell by 0.1% in May, following a 0.3% gain in April.

 

 

U.S. Chemical Production Regional Index, Percentage Change

(Seasonally adjusted, 3-month moving average)

 

Current Month

Prior Month

Year/Year

 

Year-to-Date

 

 

May 12/
Apr 12

Apr 12/
Mar 12

May 12/
May 11

YTD 12/
YTD 11

 

 

Gulf coast

-0.4%

-0.8%

0.3%

-1.2%

 

 

Midwest

-0.4%

-0.5%

-0.4%

-0.1%

 

 

Ohio Valley

-0.3%

-0.5%

1.3%

1.5%

 

 

Mid-Atlantic

-0.3%

-0.4%

-1.0%

-0.1%

 

 

Southeast

-0.5%

-0.6%

-0.2%

0.4%

 

 

Northeast

-0.3%

-0.3%

-0.2%

1.0%

 

 

West coast

-0.4%

-0.4%

-1.0%

-0.1%

 

 

     US Total

-0.3%

-0.5%

0.0%

0.3%

 

 

 


By: Brian Ford
+1 713 525 2653



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