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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ョ Report On Businessョ.

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 of 1.2 points represented the weakest headline reading since July 2017. While the April r...

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U.S. Chemical Production Moves Higher

According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) expanded by 0.2 percent in March, following a 0.4 percent decline in February, and a 0.6 percent decline in January, as measured on a three-month moving average (3MMA) basis. During March, chem...

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Chemical Activity Barometer Eases Following Six Consecutive Monthly Gains; Trends Suggest Growth into Early 2019

The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), slipped 0.1 percent in April to 121.6 percent on a three-month moving average (3MMA) basis. This follows six consecutive monthly gains and a dip from the ...

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