Economics :: Prices
ACC's Economic Outlook for the Week Ended Feb. 24, 2012
9:58 AM MST | February 27, 2012 | American Chemistry Council
MACROECONOMIC STATUS Our running tab of positive indicators was stable at 18 out of 20 this week. Thus, we continue to post a green banner. Existing Home Sales up 4.3%; up 0.7% Y/Y New Home Sales down 0.9%; up 3.5% Y/Y BUSINESS OF CHEMISTRY STATUS Oil up $107.83 (Thursday) Natural Gas up $2.67 (Thursday) Railcar Loadings up 1,053 from a week ago; up 0.1% Y/Y (13-week moving average) US CPRI up 0.4%; up 1.2% Y/Y Global CPRI up 0.3%; up 2.0% Y/Y Chemicals up (Y/Y): Soda Ash Chemicals down (Y/Y): Chlorine, Caustic Soda ENERGY The Energy Information Administration...
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