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ACC's economic outlook for the week ended 16 August 2013

9:53 AM MDT | August 19, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators slipped by one to 14 out of 20 this week. However, we continue to post a green banner. Consumer Prices up 0.2%; up 2.0% Y/Y Import Prices up 0.2%; up 1.0% Y/Y Producer Prices –flat--; up 2.1% Y/Y Retail Sales up 0.2%; up 5.4% Y/Y Business Inventories –flat--; up 3.5% Y/Y Housing Starts up 5.9%; up 20.9% Y/Y Building Permits up 2.7%; up 12.4% Y/Y Industrial Production – flat –; up 1.4% Y/Y Capacity Utilization down 0.1 points to 77.6% Empire State Survey down 1.2 points to +8.2...

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