ACC's Economic Outlook for the Week Ended Feb. 25, 2011

MACROECONOMIC STATUS Our running tab of positive indicators slipped (by one) to 16out of 20 this week. However, we continue to post a green banner. Consumer Confidence ↑ 5.6 points to 70.4 (a 3‐year high) Existing Home Sales ↑ 2.7%; ↑ 5.3% Y/Y New Home Sales ↓ 12.6%; ↓ 18.6% Y/Y Durable Orders ↑ 2.7%; ↑ 8.2% 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 ↑ $95.98 (Thursday) Natural Gas ↓ $3.83 (Thursday) Railcar...

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