ACC Chemical Activity Barometer Signals Slow Growth

ACC says its Chemical Activity Barometer (CAB), the association’s new macroeconomic indicator, declined 1.3% in June, signaling that the U.S. economy is slowing. ACC unveiled the indicator at its annual meeting in early June. “After a relatively strong start to 2012, the ACC’s CAB is signaling a slowing of the U.S. economic recovery,” says Kevin Swift, chief economist at ACC. “The CAB also appears to suggest that the long-anticipated U.S. housing market recovery is emerging, but the recovery will be slow.” Production-related...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers