David Harwell

ACC's Chemical Activity Barometer indicates continuous, slow growth

Blog Post created by David Harwell on Dec 21, 2012

The American Chemistry Council's Chemical Activity Barometer remained steady from November to December, reflecting "slightly slower activity in construction-related plastic resins, coatings and pigments," said ACC chief economist Kevin Swift. The reading held at a level of 91 for the month, following four straight months of growth. With the housing market having the biggest gains in the metric, "the longer-term trend seems to suggest that the recovery in housing will continue," Swift said. ICIS News (U.K.) (12/18), Chemical Week (subscription required) (12/18) ...from ACC SmartBrief (12/19/2012), related Press Release