Chemical Processing Economic Snapshot Ending February 2021
May 13, 2021
Deep freeze and electricity problems in Texas contributed to February’s drop in shipments and capacity utilization. Source: American Chemistry Council.
Chemical Processing Economic Snapshot Ending February 2021
Deep freeze and electricity problems in Texas contributed to February’s drop in shipments and capacity utilization. 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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