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Economics :: Prices

ACC's economic outlook for the week ended 25 April 2014

11:10 AM MDT | April 28, 2014 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.5%; up 3.2% Y/Y Existing Home Sales down 0.2%; down 7.5% Y/Y New Home Sales down 14.5%; down 13.3% Y/Y Durable Goods Orders up 2.6%; up 8.8% Y/Y BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner for basic and specialty chemicals. Oil up $110.25 (Thursday) Natural Gas down $4.68 (Thursday) Railcar Loadings down 299 from a week ago; up 0.9% Y/Y (13‐week moving average)...

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