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Chemical Week Magazine :: Newsbriefs
ACC: March CAB gains
6:11 AM MDT | March 29, 2013
ACC released its chemical activity barometer (CAB) for the month of Marchâ€”showing a 0.4% increase in activity from February, to 92.5, on a 3-month moving average (3MMA) basis. The year-on-year (YOY) 3MMA grew 2.9% from March 2012. Also, CAB readings for November through February were each revised upwards by 0.1%, bringing Februaryâ€™s YOY 3MMA to a 3% gain. This month is the eighth consecutive month of growthâ€”a positive indicator for the future of the US economy. Out of the specific components measured, all four areasâ€”chemical production, chemical company...
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