No.818: May Trade Deficit, Construction Spending, Fed and Dollar Troubles
QE4, Systemic and Dollar Troubles Appear on the Horizon
Trade Deficit Widened Anew, Damaging the Outlook for Second-Quarter GDP
Construction Spending Benchmarking Was to the Upside, but
Headline Growth Numbers Were Broadly Negative, with
Real Annual Growth Sinking to a 53-Month Low
Current Construction Spending Patterns Last Were Seen as
Construction Activity Fell into Depression