Indicator Flat

The leading indicator for the chemical industry was unchanged in May after six consecutive monthly increases. In the last two months, production in several chemical segments has steadily declined, defying the trend in overall manufacturing output. Specifically, production fell in petroleum products, rubber and plastics products, building materials, and nonferrous metals. However, paper had little change in overall output. Manufacturing output continued to expand in April. Industrial production rose 0.6% in April, building on a strong 10% annualized rate gain in...

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