ECONOMY ON HOLD

Sales of manufactured products fell 1.2% in January, after a 1.3% gain in the previous month. Shipments of durables dropped 0.5%, while nondurables declined 2%. Chemical sales were off 0.2% and inventories rose slightly. Inventories at the all-manufacturing level fell in January, the consequence of the large decline in petroleum stocks. Overall, there was little change in inventory/sales ratios for most manufacturing industries. New orders for manufactured products plunged 5.6% in January, with the durable goods component down almost 9%. Machinery orders fell 9%...

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