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ACC's economic outlook for the week ended 6 June 2014

9:27 AM MDT | June 9, 2014 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators rose to 14 out of 20 this week. We continue to post a green banner. Non-Farm Payrolls up 217,000 Unemployment Rate –unchanged- 6.3% Trade Deficit up $3.0 billion to $47.2 billion Light Vehicle Sales up to a 16.8 million unit pace Construction Spending up 0.2%; up 8.6% Y/Y Semiconductor Sales up 0.7%; up 11.5% Y/Y Factory Orders up 0.7%; up 4.9% Y/Y ISM Manufacturing up 0.5 points to 55.4 ISM Nonmanufacturing up 1.1 points to 56.3 JP Morgan Global PMI up 0.3 points to 52.2 BUSINESS OF CHEMISTRY...

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