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Last updateMon, 21 May 2018 1pm

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Chemical Activity Trends Suggest Growth into Early 2019

The American Chemistry Council's Chemical Activity Barometer slipped 0.1% in April to 121.6% on a three-month moving average (3MMA) basis. This follows six consecutive monthly gains and a dip from the barometer’s highest point since modeling began. The barometer remains up 3.8% on a 3MMA compared to a year earlier.

Despite the 0.1% decline, all four major components remained strong. April production-related indicators improved with U.S. exports rising again and performance chemistries gaining strength. Equity prices, along with product and input prices also rebounded while inventory remained very positive. 

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