CORRECTION: USA Exports 247.50B Vs 247.10B Prior
Portfolio Pulse from Happy Mohamed
The USA has corrected its export figures to $247.50 billion, slightly higher than the previous figure of $247.10 billion.
August 08, 2023 | 12:33 pm
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POSITIVE IMPACT
The correction in USA export figures may have a minor positive impact on SPY as it reflects a slightly stronger economy.
The SPY ETF tracks the S&P 500, which is a broad representation of the US economy. A slight increase in export figures indicates a slightly stronger economy, which could have a minor positive impact on SPY.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 50