A Tough Winter for Chemical Industry

US activity slows in cold weather.

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By: TOM BRANNA

Editor

The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), was flat in March following a 0.3% and 0.1% upward revision in January and February, respectively. Data is measured on a three-month moving average (3MMA). Accounting for adjustments, the CAB remains up 3.0% over this time last year, a slight deceleration over prior year-over-year growth. The Chemical Activity Barometer has four primary components, each consisting of a variety ...

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