U.S. Chemical Production Increases
“U.S. chemical production continued to expand during the last month of 2024, up by 1.2%” said David Lan, ACC’s Director of Economics and Statistics. “Production rose in all regions of the country with the most gains observed in the West Coast region”
“Global production picked up towards the end of the year with a 1.1% gain recorded in December,” Lan added. “Output increased in most regions despite some weakness in Europe and Japan. The most significant gains were seen in China, as manufacturers and exporters may have rushed to fulfill orders ahead of possible tariffs.”