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ACC's Economic Outlook for the Week Ended June 8, 2012
9:13 AM MDT | June 11, 2012 | American Chemistry Council
MACROECONOMIC STATUS Our running tab of positive indicators remained stable at 14 out of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 3.1%; up 4.8% Y/Y Trade Deficit down $2.5 billion to $50.1 billion Light Vehicle Sales down to 13.8 million rate Global Semiconductor Sales up 3.4%; down 2.9% Y/Y Wholesale Trade up 1.1%; up 6.8% Y/Y Factory Orders down 0.6%; up 3.2% Y/Y ISM Nonmanufacturing up 0.2 points to 53.7 JPMorgan Global Manufacturing PMI down 0.8 points to 50.6 BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the...
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