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ACC's economic outlook for the week ended 5 April 2013

10:14 AM MDT | April 8, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 16 out of 20 this week. Thus, we continue to post a green banner. Payroll employment up by 88,000 Unemployment rate down to 7.6% Trade deficit down $1.5 billion, to $43.0 billion Global semiconductor sales down 3.8%; up 1.4% year-on-year (YOY) Construction spending up 1.2%; up 7.9% YOY Light-vehicle sales down to 15.3-million unit pace Factory orders up 3.0%; up 0.1% YOY ISM manufacturing down 2.9 points, to 51.3 ISM nonmanufacturing down 1.6 points, to 54.4 J.P.Morgan global...

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