The Trade Deficit in the United States

The PMI manufacturing this was another week number 46.3 on that one that was I think in line with consensus but again well below 50 a number that you would expect to see during a recession. We also got the trade numbers again the total trade and goods and services so that's the smaller deficit because it includes the the surplus that we have in in services and so that deficit came out at 68 billion  a little bit better than the 69 billion that was estimated and alittle bit better than a 74 billion from the prior month But again this is a huge number this trade deficit you know almost 70 billion dollars a month we're looking at one trillion dollars a year It still amazes me