Report
Data Round-Up: Trade, Inventories Soft in July; Harvey Impact Should Be Short-Lived
posted by Michael Lewis on August 28, 2017
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Headline
Today’s Advance Indicators for goods trade and inventory both came in on the soft side for July. Based on very early results and prevailing trends, FMI is expecting real net exports to a modest drag on 17Q3 GDP
Abstract
FMI’s analyses of today’s July Advance Indicators (Goods-Trade, Retail & Wholesale Inventories) report and our Preview of the rest of this week’s notable data releases