ACC's Economic Outlook for the Week Ended May 27, 2011

MACROECONOMIC STATUS Our running tab of positive indicators was still 13 out of 20 this week. Thus, we continue to post a green banner but one with a yellowish tint. GDP ↑ 1.8% annual pace for the 1st quarter Personal Income ↑ 0.4%; ↑ 4.4% Y/Y Consumer Spending ↑ 0.4%; ↑ 4.8% Y/Y New Home Sales ↑ 7.3%; ↓ 23.1% Y/Y Durable Goods Orders ↓ 3.6%; ↑ 9.2% 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 ↑ $100.23 (Thursday)...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers