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Economics :: Prices

ACC's Economic Outlook for the Week Ended June 10, 2011

10:05 AM MDT | June 13, 2011 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was steady at 12 out of 20 this week. Thus, we continue to post a yellow banner. Consumer Debt up 3.1% (annual rate); up 0.1% Y/Y Wholesale Trade up 0.3%; up 14.4% Y/Y Import Prices up 0.2%; up 12.5% Y/Y Trade Deficit down to $43.7 billion BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner for basic and specialty chemicals. Oil up $101.93 (Thursday) Natural Gas up $4.92 (Thursday) Railcar Loadings down 1,951 from a week ago; up 5.4% Y/Y (13‐week...

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