Chemicals and Cleaning Products Production - PMMI
Chemicals and Cleaning Products Production - PMMI
Chemicals and Cleaning Products Production - PMMI
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MarketSegments<strong>Chemicals</strong> <strong>and</strong> <strong>Cleaning</strong> <strong>Products</strong> <strong>Production</strong>Annual Trend: 93.5 Phase: C Year-over-Year: 1.5%<strong>Chemicals</strong> <strong>and</strong> <strong>Cleaning</strong> <strong>Products</strong> <strong>Production</strong>12-Month Moving AverageYear-over-Year Growth Rate12/12 Rate-of-Change102102996697973392920-30-38787-6-6-9-982'06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '1682-12'06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16-12IndustryOutlook2012: 0.4%2013: 0.2%2014: 2.3%2015: 1.7%Annual Chemical <strong>and</strong> <strong>Cleaning</strong> <strong>Products</strong> <strong>Production</strong> has We expect the flat trend in <strong>Production</strong> to persist intofallen during the past four months but remains 1.5% early 2013, before growth resumes around mid-year.above the year ago level. Lackluster activity in theDespite near-term weakness in <strong>Production</strong>, low Naturalchemical industry caused us to revise the forecast.Gas Futures will help make American chemical<strong>Production</strong> will decline into mid-2013, before risingmanufacturing highly competitive in the globalthrough 2014. A mild decline will take hold in earlymarketplace. Manage overhead costs during this slow2015, before rise resumes in the second half of 2015.period, but be prepared for activity to reaccelerate inChemical <strong>Products</strong> <strong>Production</strong> is moving horizontally, the second half of 2013.with annual <strong>Production</strong> a mere 0.1% ahead of last year.ITR Economics 6 1st Quarter - 2013
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