THE BASIS POINT

Job Openings Flat.

 

International Trade (may 2015)

– Trade Deficit  $41.9 billion.  Previous was $40.9 billion.

Assuming that one consequence of Greece is a continued strengthening of the US dollar v the Euro, the trade deficit will increase and imports become cheaper and exports become more expensive. This will also keep commodity prices down.

 
Redbook Chain Store Sales (week ended 7/4/2015)

– Store Sales year/year 2.0%. Previous was +1.7%

 

JOLTS (May 2015)

– Job Openings 5,363,000. Previous was 5,334,000.

This is the Labor Department’s Job Openings and Labor Turnover Survey.

 

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