Abstract
Rapid growth is still the outstanding property of the polymer business. There were some setbacks in fibers last year, but in the other segments growth was unblemished. The Federal Reserve Board's index of production (based on 1957-59 output equivalent to 100) for synthetic materials—plastics, synthetic rubber, and man-made fibers—rose to 288.5 from 257 a year earlier. For comparison, the 1966 FRB indexes of production for some of the synthetics' competitive materials: steel ingot, 141; aluminum, 174; cotton yarns and fabrics, 125.5; pulp and paper, 148; leather, 94; and wool textiles, 97. The production index for plastics climbed 40 percentage points last year to 338.6. That for synthetic rubber went up 13 points to 166.5 and the index for man-made fibers was up 26 points to 263. Plastics and resins More than 13.5 billion pounds. That was the output of U.S. plastics producers in 1966. 16% more than in 1965. The ...
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