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People & Business :: Earnings/Finance

ACC's economic outlook for the week ended 31 May 2013

June 3, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 13 out of 20 this week. Thus, we continue to post a green banner. Consumer confidence up 7.2 points, to 76.2 (highest level in 5 years) GDP (first quarter) up 2.4% annual pace (downwardly revised) Personal income flat; up 1.1% year-on-year (YOY) (real DPI) Consumer spending down 0.2%; up 2.1% YOY (real) Chicago PMI up by 9.7 points, to 58.7 Texas Mfg. Survey up by 5.1 points, to -10.5 BUSINESS OF CHEMISTRY STATUS Oil down $93.61 (Thursday) Natural gas flat, $4.13 (Thursday) Railcar...

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