In March, a surge of imports (ahead of an April tax increase) combined with the weakest export growth in a year.
Sales declined for the third consecutive month, although it’s unclear if the spring weather will bring a rebound.
Some think the problem could be lack of supply.
That’s one of the reasons Chinese stocks have been doing so poorly.
Housing construction and exports led the way.
The core reading—nondefense capital goods orders, excluding aircraft—also suggested strength in business spending.
But it still shows Brazil is very dependent on foreign lending.
The University of Michigan gauge of consumer sentiment is flirting with post-crisis highs.