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Trade Data Adds Some Lumps to the Economy

Exports, which can be volatile in the short term, have become a much bigger part of GDP, and a much larger swing factor, in recent times.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. We got new trade data this month for June. I'm here with Bob Johnson--he is our director of economic analysis--to see what impact this will have on GDP, and what it's telling us about the global economy. Bob, thanks for joining me.

Bob Johnson: It's great to be here today.