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ACC's economic outlook for the week ended 11 October 2013

10:20 AM MDT | October 14, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was “likely” 14 out of 20 this week. Thus, we continue to post a green banner. Consumer Credit up 0.4%; up 5.8% Y/Y ICSC Chain Store Sales Index down 0.1%; up 1.8% Y/Y Johnson Redbook Retail Index down 0.5%; up 3.7% Y/Y Small Business Optimism down 0.2 points to 93.9 Global Semiconductor Sales up 1.3%; up 6.4% Y/Y OECD +6 CLI –flat-; up 3.5% Y/Y BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green (with a tinge of yellow) banner for basic and...

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