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Business

Chemical Output Rises Again

October 29, 2007 | APPEARED IN VOLUME 85, ISSUE 44

U.S. chemical production in September increased for the eighth straight month, according to seasonally adjusted data from the Federal Reserve Board. Total chemical output rose 1.0% from August to an index of 113.2 (2002 = 100), according to government figures, and September production was up 1.3% from the comparable month in 2006. Meanwhile, output of the basic chemicals sector rose 3.7% in September from the previous month and 5.7% from 12 months earlier to 123.2. Capacity utilization in September for all chemicals was 79.6%, up from 78.9% in August and from 79.2% in the same month last year.

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