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ACC's economic outlook for the week ended 7 June 2013

11:29 AM MDT | June 10, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 13 out of 20 this week. Thus, we continue to post a green banner. Payroll employment up 175,000 Unemployment rate up 0.1 point, to 7.6% Trade deficit up $3.2 billion, to $40.3 billion Light-vehicle sales up to 15.3 million Construction spending up 0.4%; up 4.3% year-on-year (YOY)YOY Factory orders up 1.0%; up 1.7% YOY ISM Manufacturing down 1.7, to 49.0 ISM Nonmanufacturing up 0.6, to 53.7 JP Morgan Global Manufacturing up 0.2, to 50.6 BUSINESS OF CHEMISTRY STATUS For the business of...

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