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Economics :: Prices

ACC's Economic Outlook for the Week Ended April 8, 2011

9:13 AM MDT | April 11, 2011 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators slipped by 2 to 12 out of 20 this week. However, we continue to post a green banner. Consumer Debt ↑ 0.3%; ↓ 1.0% Y/Y Light Vehicle Sales ↓ to a 13.1 million unit pace Semiconductor Sales ↓ 1.1%; ↑ 13.6% Y/Y Wholesale Trade ↓ 0.8%; ↑ 13.7% Y/Y Construction Spending ↓ 1.4%; ↓ 6.8% Y/Y ISM Nonmanufacturing ↓ 2.4 to 57.3 points Midwest Manufacturing ↑ 1.3%; ↑ 11.7% Y/Y JP Morgan Global PMI ↓ 1.6 to 55.8 points BUSINESS OF CHEMISTRY STATUS For...

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