The May trade deficit was $050 billion, compared to $44.1 billion estimated.
This means cuts to GDP, as the trade deficit gets subtracted from the headline number.
On the other hand, this was May, a world ago.
Markets still lower with an hour to go.
Please follow Money Game on Twitter and Facebook.
Join the conversation about this story »
See Also:
- Why Morgan Stanley Just Slashed Its Second-Half GDP Outlook
- ISM Non-Manufacturing Comes In Just Shy Of Expectations At 53.3
- Spanish Community Finds It Has Double The Debt It Predicted
Source: http://feedproxy.google.com/~r/TheMoneyGame/~3/KJDXjdJ8Etc/may-trade-deficit-2011-7
Guide To Financial Fitness Money Game Tech Crunch Personal Finance News & Advice
No comments:
Post a Comment