U.S. New Home Sales Decline, Inventory Levels Surge to 15-Year High
24/7 20:44
The U.S. goods trade deficit narrowed by 2.5% in June, falling to $96.8 billion as exports surged, signaling a potential reduction in the trade drag on GDP for Q2. However, despite this improvement, the overall economic outlook remains mixed, with trade and inventory levels conti...