ACC's Economic Outlook for the Week Ended July 10, 2009

It’s been two weeks and the economic reports released have been mixed. Reports on manufacturing activity were positive in that the pace of decline has clearly slowed and new orders improved by the most in nearly a year. Orders for machinery and other industrial equipment may signal a turning point over the next several months. Vehicle sales, however, remained slow as the bankruptcies of two of the ‘Detroit 3’, rising unemployment, and tight credit conditions weighed on consumers.   Consumers remain anxious amid further job losses and...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers