Data Round-Up: Trade Points to Modest Upward Revision to 14Q2 GDP

posted by Michael Lewis on August 06, 2014

Found in US, categorized in Growth Outlook and Business Cycle

Tags: international trade trade deficit

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Lower oil & other imports and slightly higher exports caused the trade deficit to narrow by more than expected in June. In real terms, the goods balanced improved by more than +$3B.


FMI’s analysis of this morning’s June International Trade report.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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