Thursday, November 30, 2023 2:48 PM EST
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All advanced series released by the Census Bureau corroborate the same Q4 weakness seen in the advanced durable goods number from last week.
GDPNow and almost all of the data is indicating a slowdown from a strong Q3. Advanced data for wholesale and retail inventories and the trade deficit in goods all point to a slight slowing in GDP growth to stat the 4th quarter.
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