tag:blogger.com,1999:blog-4900303239154048192.post6365602105316523471..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: July’s Trade Uptick: UnderwhelmingUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4900303239154048192.post-53360887003305293012010-09-11T08:08:37.557-04:002010-09-11T08:08:37.557-04:00Remember in the GDP accounts trade measures from t...Remember in the GDP accounts trade measures from the end of the quarter to the end of the quarter rather than the average of the three months.<br /><br />In July the real trade deficit was - $47.6 B versus - $53.6 B in July.The June reading was such an outlier that it now looks like in the third quarter real GDP report that trade will actually make significant positive contribution to real GDP growth.spencerhttps://www.blogger.com/profile/09040914017546442297noreply@blogger.com