ACC's economic outlook for the week ended 14 December 2012

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 6.2%; up 6.0% year-on-year (YOY) Consumer prices down 0.3%; up 1.8% YOY Producer prices down 0.8%; up 1.5% YOY Import prices down 0.9%; down 1.6% YOY Trade deficit up to $42.2 billion Wholesale trade down 1.2%; up 2.3% YOY Retail trade up 0.3%; up 3.7% YOY Business inventories up 0.4%; up 5.7% YOY NFIB small business optimism down 5.6 points, to 87.5 Industrial production up 1.1%; up 2.5% YOY Capacity utilization up...

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