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But is it a lagging or leading indicator?
August 25, 2015
By: TOM BRANNA
Editor
From the news-you-could-have-used yesterday department, The American Chemistry Council's Chemical Activity Barometer (CAB) dropped 0.3% in August, a marked deceleration of activity from second quarter performance. The ACC released its CAB findings one day after financial markets around the world plunged. The CAB decline followed a 0.1% gain in July and 0.5% gain in both May and June. Data is measured on a three-month moving average (3MMA). Accounting for adjustments, the CAB remains up 1.8%...
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