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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 0.3% gain in February following a 2.0% increase in January. The diffusion index eased to 77% in Febru...

Econintersect's 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-hand side for social media icons. Analyst Summary of this Economic Forecast In the case of our forecas...

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% gain in January, accelerating from a 0.4% increase in December. The diffusion index climbed to 79%...

Written by Steven HansenEconintersect's 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 show a 0.7% gain in December following a 1.8% increase in November and a 0.7% gain in October. The ...