US trade balance data for June 2015
- Prior -41.90bn. Revised to -40.94bn
- Exports -0.1% vs -0.7% prior
- Imports 1.2% vs -0.5% prior
What's a billion bucks between friends? Worse on the headline, better on the revision
What's being noted is the jump in imports from the EU. They rose 4.0% vs -2.9% prior and they've been weak for quite a while
US Trade balance
