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People & Business :: Earnings/Finance

ACC's December economic indicator ticks up

10:33 AM MST | December 17, 2013 | Lindsay Frost

ACC says its Chemical Activity Barometer (CAB) rose slightly in December, signalling continued, moderate that is expected to continue in 2014. The CAB ticked up 0.1%, to 93.9 on a three-month moving average (3MMA) basis. This is the eighth consecutive monthly gain for the CAB—which is up a total of 2.8% year-over-year. "American chemistry is back in the game," says Kevin Swift, ACC's chief economist. "After a decade of lost competitiveness, American chemistry is reemerging as a growth industry. We're seeing growing end-use markets...

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