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ACC's economic outlook for the week ended 11 April 2014

10:43 AM MDT | April 14, 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. Consumer debt up 6.4%; up 5.6% year-on-year (YOY) Wholesale trade up 0.7%; up 3.1% YOY Producer prices up 0.5%; up 1.4% YOY Import prices up 0.6%; down 0.6% YOY Small business optimism up 2 points, to 93.4 Global Semiconductor Sales down 1.5%; up 11.4% YOY OECD CLI+6—0.0%; up 3.6% YOY BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators yield a green banner for basic and specialty chemicals. Oil down $107.35...

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