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ACC's economic outlook for the week ended 29 March

1:47 PM MDT | April 2, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators was 16 out of 20 this week. Thus, we continue to post a green banner. CAB up 0.4%; up 2.9% year-on-year (YOY) Consumer confidence down 8.3 points, to 59.7 Fourth-quarter GDP (final) up 0.4% (SAAR) Personal income up 1.1%; up 2.6% YOY Consumer spending up 0.7%; up 3.3% YOY New home sales down 4.6%; up 12.3% YOY Durable goods orders up 5.7%; up 1.2% YOY Texas Mfg. Outlook up 5.2 points, to 7.4 Chicago PMI down 4.4 points, to 52.4 (still expanding) BUSINESS OF CHEMISTRY STATUS For the business of chemistry...

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