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Home / Articles / 2017 / Chemical Processing Economic Snapshot Ending October 2016

Economics

Chemical Processing Economic Snapshot Ending October 2016

Shipments slipped but capacity utilization and the CAB rose slightly.

Jan 31, 2017

Chemical Processing Economic Snapshot Ending October 2016

Shipments slipped but capacity utilization and the CAB rose slightly. Source: American Chemistry Council.

The Chemical Activity Barometer, a metric developed by the American Chemistry Council, takes into account that chemical industry activity occurs early in the supply chain and so offers a leading economic indicator for the overall U.S. economy.

Because of the time needed to collect and generate the data, results presented lag the date they are posted by several months.

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