ACC's Economic Outlook for the Week Ended September 12, 2008

Our running tabe of positive indicators remains at 11 out of 20 this week.  As a result, we continue to post a yellow banner. Please refer to the end of this report for an explanation of the color codes. See the Indicators in Detail section at the end of this report for more details on the change in the following indicators.   Consumer Credit ↑ 0.2%; ↑ 5.0% Y/Y Wholesale Sales ↓ 0.3%; ↑ 16.5% Y/Y Retail Sales ↓ 0.3%; ↑ 1.6% Y/Y Business Inventories ↑ 1.1%; ↑ 6.4% Y/Y Trade Deficit ↑ $3.4 billion to $62.2...

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