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Written by Steven HansenEconintersects Economic Index forecast sees a bump in the economic rate of growth at the Main Street level partially driven by comparisons to the recession one year ago. However, economic potential is better than the pre-COVID conditions as the economy was weakening well before the pandemic hit.

/PRNewswire/ -- The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), rose 1.2% in May on a...

Econintersects Economic Index forecast sees a bump in the economic rate of growth at the Main Street level driven by government spending - and employment continues to accelerate. Please share this article - Go to the very top of the page, right-hand side for social media icons. Analyst Summary of this Economic Forecast Economic year-over-year growth is about to skyrocket as the data is being compared to the countrys lockdown and recession last year - but do not confuse yourself as the underlyin...

Chemical Activity Barometer Rises In April News provided by Share this article Share this article WASHINGTON, April 27, 2021 /PRNewswire/ -- The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), rose 0.7% in April on a three-month moving average (3MMA) basis following a 1.1% increase in March and a 0.9% gain in February. On a year-over-year (Y/Y) basis, the barometer rose 12.0% in April (3MMA). Source: American Chemistry Council The...

Econintersects Economic Index forecast sees a modest slowing of the economic rate of growth as consumers do not yet seem to be prepared to spend. The media/government message machine is spinning the variants as a potential bomb reinforcing the message to consumers to save for the oncoming rainy day - even though the current rapidly expanding COVID vaccination program should be cause for a rosier message. Please share this article - Go to the very top of the page, right-hand side for social medi...

Chemical Activity Barometer Rises In February News provided by Share this article Share this article WASHINGTON, Feb. 23, 2021 /PRNewswire/ -- The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), rose 1.0% in February on a three-month moving average (3MMA) basis following a 1.8% increase in January. On a year-over-year (Y/Y) basis, the barometer rose 1.3% in February. Source: American Chemistry Council The unadjusted data show a 0...

Econintersects Economic Index forecast continues to see a recovery underway from the pandemic induced recession - although the recovery continues to be modest and the economy remains weak. We see a marginally stronger economy in February. The coronavirus daily totals are declining - but the leaders at the CDC are worried that the South African / Brazilian variant may explode in February which would heavily impact the economy. Please share this article - Go to the very top of the page, right-han...

Chemical Activity Barometer Rises In January News provided by Share this article Share this article WASHINGTON, Jan. 26, 2021 /PRNewswire/ -- The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), rose 1.5% in January on a three-month moving average (3MMA) basis following a 1.3% increase in December. On a year-over-year (Y/Y) basis, the barometer rose 1.3% in January. Source: American Chemistry Council The unadjusted data show a 1.2...

Written by Steven HansenEconintersects Economic Index forecast continues to see a recovery underway from the pandemic induced recession - although the recovery continues to be modest and the economy remains weak. We see a stronger economy in January. The coronavirus daily totals continue at, or nearly at, record territory - and any attempt to lockdown with a weak economy will trigger a double dip recession.

Chemical Activity Barometer Climbs In December News provided by Share this article Share this article WASHINGTON, Dec. 29, 2020 /PRNewswire/ -- The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), rose 1.1% in December on a three-month moving average (3MMA) basis, unchanged from November and October. On a year-over-year (Y/Y) basis, the barometer fell 1.1% percent in December. Source: American Chemistry Council The unadjusted data...