May 2018 New Orders for Durable Goods Declined Month-to-Month,
Both Before and After Consideration of Inflation and Commercial Aircraft Orders

First-Quarter 2018 Gross Domestic Product (GDP) Annualized Real Growth
Revised Lower to 1.99% (Previously 2.17%, Initially 2.32%),
Versus 2.89% in Fourth-Quarter 2017

Hitting GDP Growth, Revised First-Quarter 2018 Net Exports Turned Negative,
Moving into Alignment with Underlying Real Merchandise Trade Deficit Reporting

Upwardly-Revised Gain in the Nebulous “Intellectual Properties” Category of
Fixed Investment Boosted Revised GDP Growth by 0.50% (Previously by 0.29%)

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

First-Quarter Gross Domestic Income (GDI) Growth, Purported GDP-Equivalent,
Revised Higher to 3.57% (Previously 2.80%), Versus 1.05% in Fourth-Quarter,
Boosted by a Sharp Upside Revision to Nonfinancial-Industry Corporate Profits

First-Quarter Gross National Product (GNP), the Broadest National Income Measure,
Slowed to 1.91% (Previously 2.00%), down from 2.71% in Fourth-Quarter

Better-Quality Economic Measures Show Continuing Economic Non-Expansion;
Some Hit Likely to Historical GDP Growth in Pending Revisions