• Chemical Activity Barometer Increased in July

    25 days ago - By Calculated Risk

    Note: This appears to be a leading indicator for industrial production.
    From the American Chemistry Council: Chemical Activity Barometer Continues to Signal Gains in U.S. Commercial and Industrial Activity
    The Chemical Activity Barometer , a leading economic indicator created by the American Chemistry Council , rose 0.1 percent in July on a three-month moving average basis, improving upon June and May performances which were essentially flat. The barometer is up 3.9 percent year-over-year , a slower pace than of that earlier in the year. The unadjusted CAB also increased, notching a 0.2...
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  • Kansas City Fed: Regional Manufacturing Activity "Continued to Expand Solidly" in July

    Kansas City Fed: Regional Manufacturing Activity "Continued to Expand Solidly" in July

    26 days ago - By Calculated Risk

    From the Kansas City Fed: Tenth District Manufacturing Activity Continued to Expand Solidly
    The Federal Reserve Bank of Kansas City released the July Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity continued to expand solidly, and expectations for future growth remained strong.
    “Our composite index came down slightly from record highs in recent months,” said Wilkerson. “Many firms remain concerned about labor availability and tariffs, but optimism...
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