June 2007
ICIS Chemical Business;6/11/2007, Vol. 2 Issue 70, p64
Trade Publication
The article reports that analysts perceive the U.S. national economy as primed for recovery, specifically in the manufacturing sector so important to chemicals production, despite a decline in gross domestic product (GDP) growth for the first quarter of 2007 (Q1). According to Kevin Swift, chief economist at the American Chemistry Council, the downward revision in the Q1 economic performance was a result of shrinking business inventories and higher imports.


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