Upward Trend Continues

The leading indicator for the chemical industry rose 1.9% in January, its sixth consecutive monthly advance. The indicator is now 15% above its summer 2009 low. Output in the chemical industry has also recovered. Measured on a fourth-quarter to fourth-quarter basis, chemical production declined 10.4% in 2008, rose 3.9% in 2009, and rose an additional 2% in 2010. In fourth-quarter 2010, chemical output rose at an annualized rate of 6.1%. The majority of the indicator’s components were positive for the latest calculation. The biggest gain was in the average...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers