The first look at April goods trade balance
- Prior was -$64.2 billion (revised to -$65.1B)
This, along with weak inventories, is a poor start to Q2 GDP. Inventories and trade were also a drag on Q1 GDP.
This, along with weak inventories, is a poor start to Q2 GDP. Inventories and trade were also a drag on Q1 GDP.
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