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ACC's economic outlook for the week ended 18 October 2013

10:12 AM MDT | October 21, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was unchanged at a “likely” 14 out of 20 this week. Thus, we continue to post a green banner. Empire State Survey down 4.8 points to 1.5 (still expanding) Philadelphia Fed Survey down 2.5 points to 19.8 (still expanding) BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a greenish banner for basic and specialty chemicals. Oil down $109.75 (Thursday) Natural Gas –flat-- $3.75 (Thursday) Railcar Loadings up 17 from a week ago; up 0.5% Y/Y (13-week...

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