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Household formations, Wage growth, Euro area consumer confidence, Chemical activity barometer

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Household formations going the wrong way and wages going nowhere:From negative to more negative: From the American Chemistry Council: Chemical Activity Barometer Expands in March The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), expanded 0.1 percent in March following a revised 0.2 percent decline in February and 0.1 percent downward revision in January. All data is measured on a three-month moving average (3MMA). Accounting for adjustments, the CAB remains up 1.5 percent over this time last year, a marked deceleration of activity from one year ago when the barometer logged a 2.7 percent year-over-year gain from 2014.

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Household formations going the wrong way and wages going nowhere:
Household formations, Wage growth, Euro area consumer confidence, Chemical activity barometer
From negative to more negative:
Household formations, Wage growth, Euro area consumer confidence, Chemical activity barometer

From the American Chemistry Council: Chemical Activity Barometer Expands in March

The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), expanded 0.1 percent in March following a revised 0.2 percent decline in February and 0.1 percent downward revision in January. All data is measured on a three-month moving average (3MMA). Accounting for adjustments, the CAB remains up 1.5 percent over this time last year, a marked deceleration of activity from one year ago when the barometer logged a 2.7 percent year-over-year gain from 2014.
Household formations, Wage growth, Euro area consumer confidence, Chemical activity barometer

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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