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Economics :: Prices

ACC's economic outlook for the week ended 28 March 2014

10:14 AM MDT | March 31, 2014 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.3%; up 2.5% Y/Y Consumer Confidence up 4.0 points to 82.3 Personal Income up 0.3%; up 3.1% Y/Y Consumer Spending up 0.3%; up 3.0% Y/Y 4th Quarter GDP up 2.6% SAAR (revised upwards) New Home Sales down 3.3%; down 1.1% Y/Y Durable Goods Orders up 2.2%; up 0.8% 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 up $107.83 (Thursday)...

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