Pantheon Macroeconomics

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6th Jun 2022 22:00U.S., Daily Monitor

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.

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

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Keywords for: Real-Time Data Signal Continued Strength in Consumer Activity

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