Free Markets, Free People

Economic Statistics for 07 Jul 15

The US trade deficit rose $1 billion in May to $41.9 billion, with a goods deficit of $61.5 billion, and a services surplus of $19.6 billion.

The Labor Department’s JOLTS survey shows job openings rose 0.5% in May to a record 5.363 million.

Redbook reports that last week’s retail sales rose to a still-sluggish 2.0% on a year-ago basis, from the previous week’s 1.7%.

The Gallup Economic Confidence Index fell for the 5th straight month, down -1 point to -8 in June, the lowest reading since November, 2014.

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