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ACC CAB up on equity prices

9:46 AM MDT | March 25, 2014 | Lindsay Frost

Although winter weather continued to negatively affect the economy, ACC says equity prices in the chemical industry drove the monthly chemical activity barometer up—showing a 0.3% gain over March on a three-month moving average basis. ACC says this gain points to modest but continued growth through the fourth quarter. Year-on-year, the CAB is up 2.5%, and the February number was revised upwards slightly, to 94.4, ACC says. "Winter weather extremes have carried into March and continue to impact many of the economic readings, but all signs point to an...

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