Report
Data Round-Up: Imports Surge in October, NMI Remains Very Healthy in November
posted by Michael Lewis on December 05, 2017
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Headline
As signaled in last week’s Advance Indicators, a surge in goods imports caused the trade balance to deteriorate by ~$4B in October (strong imports, we note, reflect a solid domestic economy).
Abstract
FMI’s analysis this morning’s October International Trade report and November Non-Manufacturing Index.