ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

ACC Lowers Outlook For Chemical Growth

by Michael McCoy
June 28, 2010 | APPEARED IN VOLUME 88, ISSUE 26

Economists at the American Chemistry Council have moderated their outlook for growth in U.S. chemical output this year. In March, ACC had forecast 7.8% overall growth in 2010, but in a new report the trade association says it expects output to rise 6.0%. Exports to Europe will be under pressure in the wake of a stronger dollar and a weak European economy, it says. Still, the growth is a welcome reversal from 2009, when according to ACC, U.S. chemical output fell 4.5%. Growth will moderate to 4.0% in 2011 and 3.6% in 2012, the economists predict.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment