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ACC's economic outlook for the week ended 15 August 2014

9:45 AM MDT | August 18, 2014 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 18 out of 20 this week. Thus, we continue to post a green banner. Producer Prices up 0.1%; up 1.7% Y/Y Import Prices down 0.2%; up 0.8% Y/Y Retail Sales –unchanged-; up 3.4% Y/Y Business Inventories up 0.4%; up 5.8% Y/Y Industrial Production up 0.4%; up 5.0% Y/Y Capacity Utilization up 0.1 points to 79.2% Empire State Survey down 10.9 points to +14.7 (still expanding) BUSINESS OF CHEMISTRY STATUS Oil down $102.07 (Thursday) Natural Gas down $3.91 (Thursday) Railcar Loadings up...

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