ACC's chemical activity barometer flat from November

ACC says its December Chemical Activity Barometer (CAB) was flat from the prior month after four months of consecutive gains. The CAB grew 2.8% from its year-ago level and is now at its highest level since August 2008, Kevin Swift, chief economist at ACC, says. The stable CAB reading suggests steady, but slow, growth prospects for early 2013.  The biggest gains have been in the housing market, Swift says. More new homes are being built today  since July 2008. Each new home has about $15,000 worth of chemical products, according to ACC...

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