Prior was -96.56 billionExports flat at $172.9 billionImports rise $6.1 billion to $275.6 billionCapital goods exports jump 3.8% m/mConsumer goods imports edge up 0.9% m/m
This number will be a pretty big drag at the start of Q3 for GDP. If there is a silver lining, the rise in imports does reflect some confidence on growth, sales and investment.
This article was written by Adam Button at www.forexlive.com.
