China’s economy has not had a good start to the year. Central bank governor, Zhou Xiaochuan, admitted at the weekend that growth had “tumbled a bit too much“, adding: “China’s inflation is also declining, so we need to be vigilant to see if the disinflation trend will continue, and if deflation will happen or not” […]
Chemicals and the Economy
Atlanta Fed Q1 GDP indicator at 0.2%, as US housing, auto sales remain below previous trends
US housing starts are slowing so far this year, with February’s starts just below the million level again on an annualised basis. This follows the steadily declining rate of home ownership, which is now back at 1995’s level of 64%. And yesterday’s Case-Shiller report on home prices suggests the 10-City Index may well have peaked back in […]
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