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Economics :: Prices

ACC Economic Outlook for the Week Ended Dec. 9, 2011

10:24 AM MST | December 12, 2011 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators remained slipped by one to 17 out of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 0.3%; up 2.4% Y/Y Wholesale Trade up 0.9%; up 13.1% Y/Y Trade Deficit down $0.7 billion to $43.5 billion Global Semiconductor Sales down 0.1%; down 1.8% Y/Y Factory Orders down 0.4%; up 10.1% Y/Y ISM Non-manufacturing PMI down 0.9 percentage points to 52.0 BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner for basic and specialty chemicals. Oil...

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