Still Rising

The leading indicator for the chemical industry gained 1% in March, the fifth consecutive advance. All of the indicator’s components contributed to the rise. Chemical stock prices advanced for the second month in a row. Industrial production in the chemical-process industries also expanded for the second consecutive month, up 0.2% in January and accelerating to 0.7% in February. For the latest month, production levels rose in all these industries—building materials, paper, petroleum and coal products, rubber and plastics products, and nonferrous...

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