US July trade balance data
- Prior was -$75.7B
- Goods trade balance -$86.8B vs -$86.3B prior
- US-China deficit $28.65B vs $27.84B prior
- Exports +1.3%
- Imports -0.2%
This is a sliver of good news for July but that's a small beat and it came on falling imports, which isn't a great sign for demand (and though, that's a small decline).
