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ACC's economic outlook for the week ended 20 June 2014
9:51 AM MDT | June 24, 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 Prices up 0.4%; up 2.1% Y/Y Housing Starts down 6.5%; up 9.4% Y/Y Building Permits down 6.4%; up 1.9% Y/Y Industrial Production up 0.6%; up 4.3% Y/Y Capacity Utilization up 0.2 point to 79.1% LEI up 0.5%; up 5.9% Y/Y Empire State Survey up 0.3 points to +19.3 (expanding) Philly Fed Survey up 2.4 points to +17.8 (expanding) BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner...
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