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Regions :: North America

ACC's economic outlook for the week ended 26 July 2013

2:35 PM MDT | July 29, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators remained stable at 17 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.2%; up 3.9% year-on-year (YOY) Existing home sales down 1.2%; up 15.2% YOY New home sales up 8.3%; up 38.1% YOY Durable goods orders up 4.2%; up 10.8% YOY BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner for basic and specialty chemicals. Oil down $105.49 (Thursday) Natural gas down $3.65 (Thursday) Railcar loadings down 482 from a week ago; up 1.6% YOY...

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