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ACC's economic outlook for the week ended 21 June 2013

9:34 AM MDT | June 24, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was 14 out of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 4.7% rate Consumer Prices up 0.1%; up 1.4% Y/Y Import Prices down 0.6%; down 1.9% Y/Y Producer Prices up 0.5%; up 1.7% Y/Y Retail Sales up 0.6%; up 4.3% Y/Y Existing Home Sales up 4.2% to 5.18 million units; up 12.9% Y/Y Housing Starts up 6.8%; up 28.6% Y/Y Building Permits down 3.1%; up 20.8% Y/Y Wholesale Trade up 0.5%; up 0.7% Y/Y Business Inventories up 0.3%; up 4.2% Y/Y NFIB Small Business Optimism up 2.3 points...

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