ACC’s indicator ticks up for seventh consecutive month

ACC’s monthly Chemical Activity Barometer (CAB) increased for a seventh consecutive month—posting a 0.6% gain over January, to 92.1, indicating a slowly growing US economy, ACC says. The CAB is measured on a 3-month moving average (3MMA) basis, and year-on-year the February CAB is up 2.9%. “The increase in chemical industry activity continues to be a good sign for the overall health of the economy,” says Kevin Swift, chief economist at ACC. “But uncertainty is still present, and the impending sequester is likely to stifle growth...

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