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27th Sep 2022 15:02U.S., Daily Monitor

  • Falling imports likely depressed the trade deficit again in August; net trade will boost Q3 GDP growth.
  • Inventory-building is slowing, but after valuation adjustment their Q3 GDP contribution will be positive.
  • The reported leap in August new home sales is a fluke reading; the trend clearly falling, with further to go.

deficit home sales imports net trade new home sales q3 q3 gdp trade trade deficit

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Keywords for: 28 Sept 2022 US Monitor

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