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Policy
May chemical output is down
June 26, 2006
| A version of this story appeared in
Volume 84, Issue 26
U .S. chemical production declined slightly in May from the previous month and was down from year-earlier levels, according to seasonally adjusted data from the Federal Reserve Board. The government's production index for all chemicals in May was 103.2 (2002 = 100), 0.4% below April and off 0.7% from the comparable month in 2005. Meanwhile, output in the basic chemical sector rose 0.6% from April to an index of 99.7, but it was down 1.5% from May last year.
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