Indicator Up Again

The leading indicator for the chemical industry advanced in March, the seventh consecutive monthly gain. The extended positive movement would usually signal that chemical industry output will remain strong for at least a few months, but disruptions stemming from the earthquake in Japan mean uncertainty for the global economy. On the positive side, the average stock price of the chemical industry continued its advance in January and February. However, in recent days the stock market has dropped, as uncertainty emanating from both Japan and the violence in the...

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