More Signs of a Weakening Economy: Imports and Exports Decline, Treasury Yields Fall

MishTalk

The Census Bureau Advance Economic Reports show wholesale and retail inventories each rose 0.4%. This inventory build will likely add a couple of ticks to GDP estimates but sales haven’t matched.

The trade deficit shrank in February but not because of export strength. Both exports and imports were negative for the month. Imports fell less.

Cont....