Home / Knowledge / News / Textiles / US chemical production rises in Nov'13
US chemical production rises in Nov'13
01
Jan '14
According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.3 percent in November, following three consecutive monthly declines. Production increased in all seven regions of the U.S. during November.

On a three-month moving average (3MMA), output of the nation’s overall manufacturing sector was 0.4 percent higher in November, following a similar gain in October.

Within the manufacturing sector, output in several key chemistry end-use markets expanded, including motor vehicles, construction materials, machinery, fabricated metal products, computers, semiconductors, plastic products, structural panels, printing, textiles, apparel, and furniture.

After nearly five years, headline industrial production surpassed its previous peak. Recent resurgence in the industrial sector and balanced chemical inventories bodes well for future chemical production.

Also measured on a 3MMA basis, overall chemical production was again mixed. Gains in the output of fertilizers, organic chemicals, chlor-alkali, industrial gases, synthetic rubber, consumer products, fertilizers, coatings, and other specialties were offset by lower production of some inorganic chemicals, manmade fibers, acids, pesticides, and plastic resins. Pharmaceutical output was flat.

Compared to November 2012, total chemical production in all regions was ahead by 1.5 percent on a year-over-year basis, following a revised 1.7 percent gain in October. Chemical production remained ahead in all regions compared to a year ago. Comparing the first eleven months of 2013 to that in 2012, chemical production was up 1.3 percent nationally, with six of the seven regions posting gains.

The chemistry industry is one of the largest industries in the United States, a $770 billion enterprise. The manufacturing sector is the largest consumer of chemical products, and 96 percent of manufactured goods are touched by chemistry.

The U.S. CPRI was developed to track chemical production activity in seven regions of the United States. It is comparable to the U.S. industrial production index for chemicals published by the Federal Reserve. The U.S. CPRI is based on information from the Federal Reserve. To smooth month-to-month fluctuations, the U.S. CPRI is measured using a three-month moving average (3MMA). Thus, the reading in November reflects production activity during September, October, and November.

Click here to read more

American Chemistry Council

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search