U.S. Trade Deficit Expected to Boost Q2 GDP

Economists say the unexpected narrowing in the June trade deficit was
helped by continued strength in the export market, which
should give second-quarter GDP a boost when revisions are released later
this month.

The Census Bureau’s report said the trade deficit came in at $56.8
billion, compared to the -$62.0 billion balance expected by markets. In
addition…

Read More Now

This entry was posted in Mortgage News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>