Tag Archives | US unemployment

The US Debt Crisis And Asian Chemicals

By John Richardson

THE consequence of either a failure by the US to raise the debt ceiling and/or a downgrading of the country’s Triple A debt rating would have obviously have serious consequences for the Asian and global chemicals industries.…

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Chemicals “Spin” Will Continue

By John Richardson

THE reluctance of sell-side chemicals analysts to downgrade their forecasts should be severely tested by the Federal Reserve’s decision to downgrade its outlook for the US economy.

US GDP growth will now be only 2.7-2.9% in 2011 …

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Misplaced Faith In China Recovery

By John Richardson

WEAKER domestic consumption-growth in China represents a major challenge to the argument that global petrochemicals demand, and therefore pricing, will see a strong recovery during 2011.

Price declines continued last week with low-density polyethylene (LDPE) down a …

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Broad Commodities Retreat Hurts Chemicals

By John Richardson

WE hate to say we told you so but the 15 per cent fall in oil prices last week – the steepest one-week decline in two-and-a-half years – was evidence of growing concern over the health of …

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Lasting Damage To US Chemicals

By John Richardson

The huge and long-lasting impact of the economic crisis on the US chemicals industry is detailed in the excellent Year-End Situation and Outlook report from the American Chemistry Council (ACC), which was released late last week.

Light …

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US Optimism Needs To Be Tempered

Flagging Recovery

Source of picture: www.guardian.co.uk

 

By John Richardson

THE latest US Institute of Supply Management survey signalled a buoyant manufacturing sector, in line with likely Q1 GDP (gross domestic product) growth of 5%, says the latest Weekly Chemistry …

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US-China Yuan Row And The Threat To Chemicals

 

Source of picture: The China Daily

 

By John Richardson

THE outcome of the row between the US and China over the value of the Yuan has the potential to bring to an end a tentative and highly unbalanced …

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Douple-dip Appears To Have Begun

By John Richardson

The start of the next dip in what this blog has long thought would be a double-dip economic crisis looks as if it could have begun.

If not now, it’s going to happen at some point because …

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For Hands That Don’t Want To Do Dishes

 

Buy now, pay later….

Source: www.examiner.com

Note: There is a special prize for the first blog reader who can explain the above headline.  

In the 2001 recession, US consumer spending slowed but did not fall, and picked up …

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