ACC's August Economic Barometer Shows Slow but Steady U.S. Growth

ACC released its monthly Chemical Activity Barometer (CAB) for August, suggesting slow U.S. economic growth for the remainder of the year. The August CAB advanced 0.4 percentage points, to 89.4, from the prior month—the second monthly increase in the CAB. “The August CAB data indicates gradual economic growth, similar to what we saw in July, driven primarily by improving equity prices and positive trends in construction and light vehicle-related chemical production,” says Kevin Swift, chief economist at ACC. “This uptick in growth follows...

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