Week Ending Report-August 9th, 2025

A few reports of interest (to me), from this past week.

Trade Report

Petroleum Report

The international trade numbers are self explanatory in the linked report.

As for the petroleum report, usage of gasoline continues to drift downward, with pump prices in a narrow range. 

There is the potential for a hurricane in the next couple of weeks, but it is largely forecast to be near the east coast and not the gulf coast, or whatever you want to call it.

OPINION time:

Barely any movement in inflation expectations, although a slight move upward from now into the 4th quarter is in the offing. 

3rd Qtr. GDP projections remain positive, although barely, with 4th quarter in the same range and an uptick by first of year.

I guess if I were a president of a country at war and had suspended elections, knowing I wouldn't be re-elected... I would likely resist any form of peace, even if my citizens continued to die. Especially if the fighting was supported with foreign tax dollars... whether directly or through military munitions.