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Chemical Activity Barometer Rises In January
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WASHINGTON, Jan. 26, 2021 /PRNewswire/ The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), rose 1.5% in January on a three-month moving average (3MMA) basis following a 1.3% increase in December. On a year-over-year (Y/Y) basis, the barometer rose 1.3% in January.
Source: American Chemistry Council
The unadjusted data show a 1.2% gain in January, accelerating from a 0.4% increase in December. The diffusion index climbed to 79% in January from 71% in December. The diffusion index marks the number of positive contributors relative to the total number of indicators monitored. The CAB reading for December was revised upward by 1.02 points and that for November was revised upward by 0.94 points. As always, the January data are provisional and subject to revision.
Whitefield man charged after multi-vehicle crash on I-95 Tuesday morning
Maine State Police were responding to accidents at mile markers 119 northbound and 130 southbound at the same time.
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Two accidents that happened 11 miles apart at the same time Tuesday morning temporarily closed parts of Interstate 95 between Sidney and Waterville.
Katharine England, spokesperson for Maine State Police, said in an email Tuesday morning that the agency responded to the two separate incidents around 7:30 a.m.
In Waterville, a trooper from Troop C came upon a crash near the southbound on-ramp at the mile 130 interchange.
The investigation revealed that Kevin Swift, 29, of Whitefield attempted to pass a vehicle operated by Andrei Llantro, 19, of Waterville as he yielded to oncoming traffic while entering the interstate. Swift passed Llantro’s vehicle and struck another vehicle, operated by Margeret Thomas, 34, of Winslow, who was traveling southbound.
December 2020 Chemical Activity Barometer Rises But Remains In Contraction
from the American Chemistry Council
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), rose 1.1% in December on a three-month moving average (3MMA) basis, unchanged from November and October. On a year-over-year (Y/Y) basis, the barometer fell 1.1% percent in December.
The unadjusted data show a 0.7% gain in December following a 1.8% increase in November and a 0.7% gain in October. The diffusion index was stable at 71% in December. The diffusion index marks the number of positive contributors relative to the total number of indicators monitored. The CAB reading for November was revised upward by 0.24 points and that for October was revised upward by 0.89 points. These were highly volatile months for the data. As always, the December data are provisional and subject to revision.