New Index Tracks Chemicals Sector | July 2, 2012 Issue - Vol. 90 Issue 27 | Chemical & Engineering News
 
 
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Volume 90 Issue 27 | p. 8 | News of The Week
Issue Date: July 2, 2012

New Index Tracks Chemicals Sector

Business: Industry barometer indicates U.S. economy is slowing
Department: Business | Collection: Economy
Keywords: economic index, recession, chemical industry

A new economic index developed by the American Chemistry Council to track U.S. economic conditions suggests that the economy is in danger of slipping into a recession.

“After a relatively strong start to 2012, the ACC’s Chemical Activity Barometer is signaling a slowing of the U.S. economic recovery,” says T. Kevin Swift, chief economist for the industry group. “As we look at the remainder of 2012, the barometer points to a . . .

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