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ACC's economic outlook for the week ended 10 January 2014
10:11 AM MST | January 13, 2014 | American Chemistry Council
MACROECONOMIC STATUS Our running tab of positive indicators was unchanged at 17 out of 20 this week. Thus, we continue to post a green banner. Payroll Employment up 74,000 Unemployment Rate down 0.3 points to 6.7% Consumer Debt up 0.4%; up 6.1% Y/Y Trade Deficit down $5.0 billion to $34.3 billion Wholesale Trade up 1.0%; up 5.5% Y/Y Light Vehicle Sales down to a 15.4 million unit pace Factory Orders up 1.8%; up 4.9% Y/Y Semiconductor Sales up 0.6%; up 6.8% Y/Y ISM Nonmanufacturing down 0.9 points to 53.0 (expansion) BUSINESS OF CHEMISTRY STATUS For the business...
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