Economic Activity in Manufacturing Slows in July
Economic activity in the manufacturing sector slipped in July, according to the latest Manufacturing ISM® Report On Business®. “The July PMI® registered 58.1 percent, a decrease of 2.1 percentage points from the June reading of 60.2 percent. The New Orders Index registered 60.2 percent, a decrease of 3.3 percentage points from the June reading of [...]
Nonresidential Fixed Investment Surges in Second Quarter, Says ABC
According to a recent report by the Associated Builders and Contractors (ABC), the U.S. economy expanded at an annualized 4.1 percent rate during the second quarter of 2018—the fastest rate of quarterly growth since the second quarter of 2014. ABC provided an analysis of U.S. Bureau of Economic Analysis data. “We are encouraged by the [...]
Global Chemicals Production Remains High
Data collected and tabulated by the American Chemistry Council (ACC) show that the global chemical industry ended the second quarter on a good note. ACC’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production rose 0.4 percent in June, following a 0.9 percent gain in May and drops in the first quarter. [...]
U.S. Specialty Chemicals Markets End Second Quarter on a Solid Note
Activity in the chemical industry remained positive. The American Chemistry Council (ACC) recently reported that U.S. specialty chemicals market volumes ended the second quarter on a solid note, increasing 0.4 percent in June after a slightly revised 0.4 percent gain in May, and a 1.0 percent gain in April. All changes in the data are [...]
Manufacturing Activity Declines
Economic activity in the manufacturing sector expanded in April, and the overall economy grew for the 108th consecutive month, according to supply executives in the latest Manufacturing ISM® Report On Business®. Economists had forecasted the ISM index to come in at a level of 58.5, however the actual reading came weaker at 57.3. That shortfall [...]
