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ACC's Economic Outlook for the Week Ended Mar. 23, 2012
9:52 AM MDT | March 26, 2012 | American Chemistry Council
MACROECONOMIC STATUS Our running tab of positive indicators slipped by one to 15 out of 20 this week. Thus, we continue to post a green banner. Housing Starts down 1.1%; up 34.7% Y/Y Building Permits up 5.1%; up 34.3% Y/Y Existing Home Sales down 0.9%; up 8.8% Y/Y New Home Sales down 1.6%; up 11.4% Y/Y LEI up 0.7%; up 3.0% 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 down $105.35 (Thursday) Natural Gas up $2.14 (Thursday) Railcar Loadings down 446 from a week...
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