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![2008-06-10 US Trade Balance](https://moslereconomics.com/wp-content/graphs/2008/06/2008-06-10-us-trade-balance-small.gif)
Survey |
-$60.0B |
Actual |
-$60.9B |
Prior |
-$58.2B |
Revised |
-$56.5B |
A bit of a backup due to petroleum prices but gradually getting smaller as CB’s and Monetary authorities have cut back their rate of accumulation of $US financial assets.
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![2008-06-10 Trade Balance Ex Petrol 2008-06-10 Trade Balance Ex Petrol](https://moslereconomics.com/wp-content/graphs/2008/06/2008-06-10-trade-balance-ex-petrol-small.gif)
Survey |
n/a |
Actual |
-$26.411B |
Prior |
-$26.284B |
Revised |
n/a |
This has been quickly reversing and offsetting the higher prices paid for crude oil imports.
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![2008-06-10 Trade Balance ALLX 2008-06-10 Trade Balance ALLX](https://moslereconomics.com/wp-content/graphs/2008/06/2008-06-10-trade-balance-allx-small.gif)
Lots of interesting data here, as, in general, exports continue to increase at emerging market type rates.
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![2008-06-10 IBD TIPP Consumer Confidence TABLE](https://moslereconomics.com/wp-content/graphs/2008/06/2008-06-10-ibd-tipp-consumer-confidence-table-small.gif)
IBD/TIPP Economic Optimism (Jun)
Survey |
40.0 |
Actual |
37.4 |
Prior |
40.3 |
Revised |
n/a |
Inflation taking a bite into optimism.
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![2008-06-11 ABC Consumer Confidence](https://moslereconomics.com/wp-content/graphs/2008/06/2008-06-11-abc-consumer-confidence-small.gif)
ABC Consumer Confidence (June 8)
Survey |
-47 |
Actual |
-45 |
Prior |
-45 |
Revised |
n/a |
A little better but still low due to weak equities and high inflation.
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