Financial News

US Economy Keeps Rolling, Says ACC

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By: TOM BRANNA

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The pendulum that is the US economy remains on the upswing, according to the American Chemistry Council’s (ACC) monthly Chemical Activity Barometer (CAB). The economic indicator, shown to lead US business cycles by an average of eight months at cycle peaks, increased 0.1% over July on a three-month moving average (3MMA) basis, marking its fourth consecutive monthly gain. The barometer is now up 3.8% over a year ago, the largest year-over-year increase since September 2010. The index itself is ...

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