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ACC's economic outlook for the week ended 27 Sept. 2013
September 30, 2013 | American Chemistry Council
MACROECONOMIC STATUS Our running tab of positive indicators remained stable at 17 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.4%; up 3.3% Y/Y Consumer Confidence down 2.1 points to 79.7 Personal Income up 0.4%; up 1.6% Y/Y (real DPI) Consumer Spending up 0.3%; up 2.0% Y/Y (real) New Home Sales up 7.9%; up 12.6% Y/Y GDP up 2.5% pace in 2nd quarter; up 1.6% Y/Y Durable Goods Orders up 0.1%; up 9.9% Y/Y BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators continue to bring to mind a yellow banner (but with a greenish...
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