HALISTER1: U.S. ECO PREVIEW: GDP, Trade, Wholesale Data Due in 5 Minutes

U.S. ECO PREVIEW: GDP, Trade, Wholesale Data Due in 5 Minutes

(Bloomberg) -- Revised 3Q gross domestic product seen at +1.1% vs preliminary +1.2% (forecast range +0.9% to +2.8%); data track value of all goods and services produced in U.S.
  • Advance merchandise trade balance seen at -$63b in July vs - $64.5b in June (forecast range -$59b to -$66b); data on trade in goods and services due Sept. 2
  • Wholesale inventories seen rising 0.1% July after increasing 0.3% in June (forecast range -0.1% to +0.3%); wholesale inventories account for ~30% of total business inventories
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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