ACC's Economic Outlook for the Week Ended Aug. 12, 2010

BUSINESS OF CHEMISTRY STATUS Our running tab of positive indicators rose to 15 out of 20 this week. Thus, we post a green banner but one with a yellowish tint. Consumer Debt up 7.7% (SAAR); up 1.0% Y/Y Retail Trade up 0.5%; up 8.5% Y/Y Wholesale Trade up 0.6%; up 15.4% Y/Y Business Sales up 0.4%; up 12.4% Y/Y Trade Deficit up $2.3 billion to $53.1 billion Small Business Optimism down 0.9 points to 89.9 BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a yellow banner for basic and specialty chemicals. Oil down $85.72...

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