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ACC's economic outlook for the week ended 25 July 2014

10:57 AM MDT | July 28, 2014 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was 16 out of 20 this week. Thus, we continue to post a green banner. Chemical Activity Barometer (CAB) up 0.4%; up 4.4% Y/Y Consumer Prices up 0.3%; up 2.1% Y/Y Existing Home Sales up 2.6%; down 2.3% Y/Y New Home Sales down 8.1%; down 11.5% Y/Y Durable Goods Orders up 0.7%; up 0.7% Y/Y BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner for basic and specialty chemicals. Oil down $107.11 (Thursday) Natural Gas down $3.83 (Thursday) Railcar Loadings...

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