Pantheon Macroeconomics

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23rd Dec 2022 15:08U.S., Daily Monitor

  • The unexpected plunge in the November trade deficit can’t last, but it implies stronger Q4 GDP growth.
  • Business capex plans have fallen sharply, but they appear to be hitting a non-catastrophic floor.
  • Non-housing construction has been surprisingly strong, but it can’t last.

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Keywords for: 3 Jan 2023 US Monitor

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