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ACC's economic outlook for the week ended 13 June 2014
10:18 AM MDT | June 16, 2014 | American Chemistry Council
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 0.8%; up 5.0% Y/Y Retail Sales up 0.4%; up 4.2% Y/Y Wholesale Trade up 1.3%; up 7.8% Y/Y Business Inventories up 0.6%; up 4.7% Y/Y Producer Prices down 0.2%; up 2.0% Y/Y Import Prices up 0.1%; up 0.4% Y/Y Small Business Optimism up 1.4 points to 96.6 OECD CLI+6 –flat-; up 3.5% Y/Y BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner for basic and specialty...
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