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Chemical Week Magazine :: Departments :: Leading Indicators
Output Ticks up
8:26 AM MDT | October 8, 2010 | â€”ARNOLD PEARLMAN
The leading indicator for the chemical industry was stable in September, following a 1.2% gain in the previous month. Most of the indicatorâ€™s components moved in a positive direction, but a 3% drop in the average chemical industry stock price offset those gains. In the second quarter, manufacturing output rose at an annualized rate of 8.9%, and in the first two months of the third quarter the output rose an annualized 3.5%. Production of chemical products advanced 0.5% in August after four monthly output drops. Production levels in the chemical-process...
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