Output Ticks up

The leading indicator for the chemical industry was stable in September, following a 1.2% gain in the previous month. Most of the indicator’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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