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Feature Article

08/22/2017 - 11:45am By: Calculated Risk

Note: This appears to be a leading indicator for industrial production. From the American Chemistry Council: Chemical Activity Barometer Shows Modest Slowing. The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), remained unchanged from July, continuing a modest deceleration of growth. The flat reading follows a 0.1 percent increase in July and a flat reading in June. Compared to a year earlier, the CAB is up 3.2 percent year-over-year, an easing from recent year-over-year gains. All data is measured on a three-month moving average (3MMA). On a year-over-year basis, the unadjusted CAB is up 3.0 percent, also an easing from the previous six months...

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