Data Round-Up: Trade Sector a Modest Drag on 17Q2 Real GDP; Services Polls Continue to Improve

posted by Michael Lewis on July 06, 2017

Found in US, categorized in Macro

Tags: FMI michael lewis international trade Non-Manufacturing Index

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The consensus-like International Trade report supports FMI’s projection that the trade sector was likely a modest drag on 17Q2 real GDP. FMI continues to track around +3% overall GDP growth for the quarter.


FMI’s analyses of today’s  May International Trade report and June Non-Manufacturing Index.

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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