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Chemical Week Magazine :: Departments :: Leading Indicators

Indicator Dips

9:00 AM MST | January 15, 2008 | Arnold Pearlman

The leading indicator for the chemical industry fell slightly in December, although chemical production has accelerated in recent months after a sluggish mid-year period. Overall manufacturing growth stalled last month, after 10 consecutive months of growth, according to the Institute of Supply Management (ISM; Tempe, AZ). Production fell almost five percentage points compared to November, ISM says. New orders and inventories also fell in December, while backlogs remained flat. Several manufacturing industries, including chemicals, posted increases in employment...

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