American Chemistry Council (ACC) Weekly Chemistry & Economic Trends report on September 30, 2022 publication shows that according to data released by the Association of American Railroads, chemical railcar loadings were down 8.2% to 30,261 during the week ending 24 September. Loadings were down 0.1% Y/Y (13-week MA), up 3.4% YTD/YTD and have been on the rise for six of the last 13 weeks.
Note On the Color Codes
The banner colors represent observations about the current conditions in the overall economy and the business chemistry. For the overall economy we keep a running tab of 20 indicators. The banner color for the macroeconomic section is determined as follows:
Green – 13 or more positives
Yellow – between 8 and 12 positives
Red – 7 or fewer positives
For the chemical industry there are fewer indicators available. As a result we rely upon judgment whether production in the industry (defined as chemicals excluding pharmaceuticals) has increased or decreased three consecutive months.
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