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ACC's economic outlook for the week ended 16 May 2014

10:43 AM MDT | May 19, 2014 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators slipped to 13 out of 20 this week. Thus, we continue to post a green banner. Please refer to the end of this report for an explanation of the color codes. See the Indicators in Detail section for more details on the change in the following indicators. Retail Sales up 0.1%; up 4.0% Y/Y Business Inventories up 0.4%; up 4.7% Y/Y Import Prices down 0.4%; down 0.3% Y/Y Consumer Prices up 0.3%; up 2.0% Y/Y Producer Prices up 0.6%; up 2.1% Y/Y Housing Starts up 13.2%; up 26.4% Y/Y Building Permits up 8.0%; up...

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