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ACC's economic outlook for the week ended 26 April 2013

10:09 AM MDT | April 29, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators rose by one to 15 out of 20 this week. Thus, we continue to post a green banner. Existing home sales down 0.6%; up 10.3% year-on-year YOY New home sales up 1.5%; up 18.5% YOY Durable goods orders down 5.7%; down 1.5% YOY GDP (first quarter) up 2.5% annual pace BUSINESS OF CHEMISTRY STATUS For the business of chemistry, the indicators bring to mind a green banner for basic and specialty chemicals. Oil up $93.64 (Thursday) Natural gas down $4.18 (Thursday) Railcar loadings down 11 from a week ago; down...

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