Less Robust Growth

The economy grew at a 2% annual rate in the third quarter, ahead of the 1.3% rate in the second quarter, but below the initial estimate of 2.5% for the most recent period. Although this is a fairly significant downward revision, it is actually less dire than the updated GDP number indicates, as most of the decrease was tied to a decline in inventories and not production output. Inventories were originally thought to have increased by $5 billion, and now there is an estimate of a $7 billion decline. Final sales of domestically produced goods and services rose a...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers