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Economics :: Prices

ACC's Economic Outlook for the Week Ended Nov. 11, 2011

10:49 AM MST | November 14, 2011 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was 16 out of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 3.6% annual rate; up 2.4% Y/Y Import Prices down 0.6%; up 11.0% Y/Y Trade Deficit down $1.8 billion to $43.1 billion Wholesale Trade up 0.5%; up 15.0% Y/Y Small Business Optimism up 1.3 points to 90.2 BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner for basic and specialty chemicals. Oil up $97.78 (Thursday) Natural Gas down $3.47 (Thursday) Railcar Loadings down...

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