Best viewed on a device with a bigger screen...
As Memorial Day distortions fade, we see few signs that consumers are scaling back spending.
The surge in retail and wholesale inventory-building is coming to an end, pushing down imports.
Spiking consumer credit is not necessarily a sign of broad financial distress due to soaring gas prices.
This publication is only available to U.S. (Monitor) subscribers
Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.
consumer credit, credit, credit data, credit growth, deficit, exports, foreign trade, gdp growth, imports, inventory-building, ism, ism manufacturing, ism manufacturing survey, January, June, manufacturing, May, net foreign trade, trade, trade balance, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence