• Chemical Activity Barometer "Softens" in August

    2 monthes ago - By Calculated Risk

    Note: This appears to be a leading indicator for industrial production.
    From the American Chemistry Council: Chemical Activity Barometer Softens as Pace of Growth Slows
    The Chemical Activity Barometer , a leading economic indicator created by the American Chemistry Council , was flat in August remaining at 122.14 on a three-month moving average basis. This continued a general softening trend since the first quarter. The barometer is up 3.8 percent year-over-year , a slower pace than of that earlier in the year and similar to that seen in the second half of 2017. The unadjusted CAB also was...
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