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ACC's economic outlook for the week ended 8 March 2013

3:25 PM MDT | March 11, 2013 | American Chemistry Council

MACROECONOMIC STATUS Our running tab of positive indicators rose by one to 13 out of 20 this week. Thus, we post a green banner. Non-Farm Payrolls up 236,000 Unemployment Rate down 0.2 points to 7.7% Consumer Debt up 7.0% (SAAR); up 5.8% Y/Y Wholesale Trade down 0.8%; up 3.0% Y/Y Trade Deficit up $6.3 billion to $44.4 billion ISM Non-Manufacturing up 0.8 points to 56.0 Light Vehicle Sales up to a 15.4 million-unit pace Global Semiconductor Sales down 2.8%; up 3.8% Y/Y Factory Orders down 2.0%; up 1.2% Y/Y JP Morgan Global Manufacturing PMI down 0.6 points to 50.8...

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