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ACC's Economic Outlook for the Week Ended April 13, 2012

10:53 AM MDT | April 16, 2012 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 0.3%; up 4.3% Y/Y Consumer Prices up 0.3%; up 2.7% Y/Y Producer Prices –flat– up 2.8% Y/Y Import Prices up 1.3%; up 3.4% Y/Y Trade Deficit down $6.5 billion to $46.0 billion Wholesale Trade up 1.2%; up 9.3% Y/Y OECD CLI+6 up 0.4%; up 1.0% Y/Y BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner for basic and specialty chemicals. Oil up $103.64 (Thursday)...

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