BUSINESSglobal
The Goods Trade Deficit Adjusted for Gold
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Updated 2 hours ago
First seen March 18, 2026 07:00:43Stay on top of this story
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Quick Summary
Larger than the unadjusted, post-Liberation Day: Figure 1: Goods trade balance, (blue), adjusted for gold (red), both BOP, mn$, s.a. Source: BEA via FRED, personal communication from Pawel Skyzpczynski. Note that conditional upon data on all other components of GDP, a bigger deficit means a lower nowcast of current GDP (but not of final sales […]