ACC's Economic Outlook for the Week Ended Mar. 23, 2012

MACROECONOMIC STATUS Our running tab of positive indicators slipped by one to 15 out of 20 this week. Thus, we continue to post a green banner. Housing Starts down 1.1%; up 34.7% Y/Y Building Permits up 5.1%; up 34.3% Y/Y Existing Home Sales down 0.9%; up 8.8% Y/Y New Home Sales down 1.6%; up 11.4% Y/Y LEI up 0.7%; up 3.0% 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 down $105.35 (Thursday) Natural Gas up $2.14 (Thursday) Railcar Loadings down 446 from a week...

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