Mid-December Economic Nuggets, With a Focus on Chemistry

Estimates of U.S. real (i.e., after inflation) gross domestic product (GDP) growth for this year have generally been revised down recently, by well-known forecasting agencies, from a range between +6% and +7% to a cooler +5%. Supply shortages have cut into output levels in many industrial sectors. And bad news about coronavirus variants is putting a damper on reopening efforts.

Did you miss our previous article…