Private Labor Surveying Showed Retrenchment in May 2018

Benchmarked Retail Sales Showed Fundamentally-Weakened Growth

Contracting Consumer Goods and Housing Elements in the GDP
Reflect Mounting Liquidity Stresses, Amidst Faltering Consumer Optimism

First-Quarter 2018 Gross Domestic Product (GDP) Annualized Real Growth Slowed to a
Revised 2.17% (Previously 2.32%), Down from 2.89% in Fourth-Quarter 2017

First-Quarter 2018 Real Trade Deficit Widened in Revision,
Weakening Revised Headline GDP Growth by 0.12% (-0.12%)

Downwardly-Revised Inventory Growth Weakened Revised GDP by 0.29% (-0.29%)

Upwardly-Revised Gain in the Nebulous “Intellectual Properties” Category of
Fixed Investment Boosted Revised GDP Growth by 0.29%

Initial Growth in First-Quarter Gross Domestic Income (GDI), Purported GDP-Equivalent,
Increased to 2.80% from an Upwardly-Revised 1.05% in Fourth-Quarter 2017

Initial Growth in Gross National Product (GNP), the Broadest National Income Measure,
Dropped to 2.00% from 2.71% in Fourth-Quarter 2017

Better-Quality Economic Measures Show Continuing Economic Non-Expansion