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US Chemical Activity Rises 3%

Shows slow, steady growth for industry.

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By: TOM BRANNA

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The American Chemistry Council’s (ACC) monthly Chemical Activity Barometer (CAB) continued to show a slowly expanding US economy, increasing 0.4% over February on a three month moving average (3MMA) basis. The year over year 3MMA showed a 2.9% gain over March 2012. CAB readings for November through February were each revised upwards by 0.1 points, bringing February’s year over year 3MMA to a 3.0% gain. The CAB is a leading economic indicator derived from a composite index of ch...

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