The tracking estimate has been slowly creeping higher. The latest bump
comes from the rise in headline durable goods and yesterday's advance
goods trader report.
"The forecast for second-quarter real gross private domestic investment
growth increased from -0.3 percent to 0.4 percent following this
morning's durable manufacturing release from the U.S. Census Bureau.
After yesterday's advance report on international trade in goods from
the Census Bureau, the forecast for the contribution of net exports to
second-quarter real GDP growth increased from -0.04 percentage points to
0.16 percentage points," the report said.
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