American Chemistry MattersA Blog of the American Chemistry Council

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Economic Trends

Weekly Chemistry and Economic Trends (November 20, 2020)

This week’s economic reports were positive. Retail sales featured a solid increase but it appears that gains may be slowing as COVID cases rise and lockdowns are being put in place in many states. The housing sector continues on a roll, fostered...

Economic Trends

Weekly Chemistry and Economic Trends (November 13, 2020)

his week’s economic reports were few in number this week. New jobless claims continued to decline, reaching the lowest level since March, but still historically elevated. Consumer prices were unchanged, signaling a slowdown to the acceleration...

Economic Trends

Weekly Chemistry and Economic Trends (November 6, 2020)

This week’s economic reports were largely positive. The employment report indicated continued solid gains in payrolls and associated fall in the unemployment rate. Labor markets are repairing but it is taking time to do so. Light vehicle sales...

Economic Trends

Weekly Chemistry and Economic Trends (October 30, 2020)

This week’s economic reports were generally positive. Real GDP grew at its strongest pace on record and in the 3rd quarter recovered about two-thirds of the ground lost during the first half of the year. Jobless claims continued to move lower, as...

Economic Trends

Weekly Chemistry and Economic Trends (October 23, 2020)

This week’s economic reports were few in number and focused primarily on the housing market. Existing home sales surged to their highest level in 14 years powered by record-low mortgage rates and demand driven by new geographic patterns for work...