U.S. ECO PREVIEW: Trade Report Due in 5 Minutes
(Bloomberg) -- Following are
forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
- Trade Balance -44.55b; range -48.9b to -44b (58 estimates)
- "Trade is a wild card for U.S. economic activity, as the world awaits some clarity regarding the Trump administration’s likely policies. And since net exports shaved 1.8 percentage points from GDP in 4Q, this release may receive greater scrutiny": Bloomberg Intelligence
- In January, the trade deficit in goods and services widened to $48.5 billion, the largest since March 2012; import growth outpaced rising exports
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