• Chemical Activity Barometer Declines in November

    18 days ago - By Calculated Risk

    Note: This appears to be a leading indicator for industrial production.
    From the American Chemistry Council: Chemical Activity Barometer Adds to Signs U.S. Economy May Be Facing More Than a Seasonal Chill
    The Chemical Activity Barometer , a leading economic indicator created by the American Chemistry Council , posted a 0.3 percent decline in November on a three-month moving average basis. This marks the barometer's first month-over-month drop since February 2016 and adds to the chorus of growing concern of slowing U.S economic expansion. On a year-over-year basis the barometer is up 2.8...
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