Historical Relationship between GDP & Ethylene Demand is Changing
{"Image DocumentName": "Historical Relationship between GDP & Ethylene Demand is Changing", "Image ImageDescription": "Historical Relationship between GDP & Ethylene Demand is Changing. Expect 54 B Lb/yr production by 4th Qtr \u201804. Quarterly U.S. Ethylene Demand VS. GDP. New Trendline at 0.9 to 1.0 times GDP growth. Ethylene Demand - Billion Pounds. B Lb/yr CMAI. Trendline Growth. Forecast Q185 - Q Ethylene demand grew at 1.25 to 1.4 times GDP growth rate. 12. y = 1.99x Q Q4. R. 2. = Annual Avg. Growth. \u201802 vs \u201801: 3.4% \u201903 vs \u201902: (1.0%) \u201904 vs \u201903: 4.5% Trendline broke down due to: Recession. High Inventories. High Energy Costs. Strong U.S. Dollar. Loss of Derivative Exports Q Q GDP by Quarter - Trillion   (Constant 1996 ) Quarterly Ethylene Demand - CMAI. GDP source - U.S. Dept. of Commerce.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}