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ACC's economic outlook for the week ended 29 August 2014
10:29 AM MDT | September 2, 2014 | American Chemistry Council
MACROECONOMIC STATUS Our running tab of positive indicators was 18 out of 20 this week. Thus, we continue to post a green banner. Chemical Activity Barometer (CAB) up 0.2%; up 4.3% Y/Y Consumer Confidence up 2.1 points to 92.4 GDP up 4.2% annual pace in 2nd quarter Real Disposable Personal Income up 0.1%; up 2.6% Y/Y Real Consumer Spending down 0.2%; up 2.0% Y/Y New Home Sales down 2.4%; up 12.3% Y/Y Advance Durable Goods Orders up 22.6%; up 33.8% Y/Y Texas Mfg. Survey down 5.6 points to 7.1 (still expanding) Chicago PMI up 11.7 points to 64.3 BUSINESS OF...
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