not much here to spook the Fed

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This was up 7.2% for Q3 from Q2 and should revert:
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Exports of goods were up 7.5% and should revert:

(this chart hasn’t been updated today but it’s very close)
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Near stall speed through Q3:
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The monthly number just reported a blip up but the growth rate remains low and slowing, and it looks a lot worse when you take out the top 1% of course:
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This is from the Dec 5 release:
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This is the release from earlier today.
(These are not inflation adjusted):
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