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Uncertainty About Energy Dogs US Chemical Sector

YoY growth stands at 4.4%.

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By: TOM BRANNA

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Uncertainty in global energy markets is having a drag on chemical activity, according to the American Chemistry Council. The Chemical Activity Barometer (CAB), a leading economic indicator created by the ACC posted a 0.4% increase over June, as measured on a three-month moving average (3MMA). The pace of growth was consistent with earlier growth logged in the second quarter, according to the ACC. Year over year growth now stands at a 4.4% increase. Uncertainty in global energy markets kept the n...

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