Financial News

CAB Sees Seasonal Upswing

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By: TOM BRANNA

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The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), continued to improve, with a 0.2% gain over July as measured on a three-month moving average. This represented a deceleration from the 0.4% gain in July and an average gain of 0.5% for the first six months of 2014. Despite the slower pace of gains, the August CAB marked a string of gains going back to April 2013. Though the pace of growth has slowed, current gains have the CAB ...

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