Pantheon Macroeconomics - In the wake of the May international trade numbers, our hopes that net foreign trade would contribute more than a full percentage point to second quarter GDP growth have taken something of a knock. We're now looking for a 0.7pp contribution.

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8 July. 2015 Oil to the Rescue as Core Trade Numbers Disappoint, Again

By Ian Shepherdson

In the wake of the May international trade numbers, our hopes that net foreign trade would contribute more than a full percentage point to second quarter GDP growth have taken something of a knock. We're now looking for a 0.7pp contribution.

Posted: 8th Jul 2015 in 'U.S. Documents'

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