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Chemical Week Magazine :: Departments :: Leading Indicators

leading indicator

11:53 AM MDT | October 24, 2008 | Arnold Pearlman

The leading indicator for the chemical industry rose slightly in September for the fifth consecutive month. There were advances in two of the major components of the index: Output in the chemical-process industries, and new orders for a variety of manufactured products. Chemical-process output gained in the building materials, petroleum refining, and nonferrous metal sectors. Orders also rose for durable goods, including construction materials and consumer durables. On the downside, the housing market is still deteriorating, analysts say. Starts and building...

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