January 2015

Columns

HP Global: State of the US petrochemical/chemical industry

After a promising start, the global economy faltered in 2014 with heightened geopolitical uncertainty; recessions in Brazil, Japan and many European nations; and slowdowns in China, the Euro Area and ..

Swift, T. K., American Chemistry Council

After a promising start, the global economy faltered in 2014 with heightened geopolitical uncertainty; recessions in Brazil, Japan and many European nations; and slowdowns in China, the Euro Area and other nations. In the US, the economy is in below-potential growth as high taxes, debt and regulatory burdens still take a toll on both business and consumer confidence. As a result, businesses have been cautious and will slow capital spending in 2015. Furthermore, overseas weakness and a higher dollar dampen US exports. With household deleveraging over, further improvements in the employment situation, lower oil prices fostering discretionary incomes, and asset prices moving higher, consu

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