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Down. they've gone down recently because the chinese did stockpile lots of soy beans in anticipation of the trade dispute. but there's other things like the reshoring of activity because we're no longer an unattractive tax environment. the biggest news in today's gdp report which will frustrate the democrats, this old thing called inventories. if everybody is decided they're optimistic and they're going to buy stuff, the firms will ratchet up consumption. they're selling stuff off the shelves because production can't adjust so far. so inventory subtracted 1%. >> laura: we turned into doc's bus...

President categorizes that as a trade deficit, we're getting more of our product into marketplaces around the globe. let me also say this in the president's defense. i want to strike fairly here. if the president is trying to renegotiate trade deals to lower barriers, that's a good thing. understandably there will be short-term pain, but it is for us as members of congress to point out what that short-term pain is. listen to our constituents, and say there is oo better way of going about trying to lower trade barriers. if you look at the statement by -- coming out of the eu, they promise they ...

I think we made some progress this week on that. the other is maybe where we're going to find the workers to keep this economy going. that's what i hear employers complaining about now. they want to expand, but they don't have the workers to do it. >> and of course immigration point. you mentioned a trade war. i think that's really important because obviously taxes and what's happening with that is important. but the trade war first and foremost right now. so the administration is this $12 billion aid package that they're going give to farmer, primarily in the midwest to, you know, try to make...

One-time deal because a lot of international customers bought a lot of soy beans from the u.s. before the chinese tariffs went into affect. there was a huge rush of orders for soy beans. the other important number is, business growth. about more than 7%. that's because businesses feel more confident. they got their tax cut, regulations have been reduced. they are putting more money to work. anything could disrupt that number. you are talking about a potential trade war. any geopolitical unrest, that will cause ceos to pull back on that investment number. this is a strong quarter. it's very goo...

Kevin hassett. he thinks this will be the trend. >> we have more momentum. so the next time we write down our forecast for the year, it will go up a couple tenths. so we're looking at a lot of momentum. a lot of reshoring activities. so there's a lot -- >> neil: a lot of it driven by net exports, agricultural products. a lot of people could have been trying to get the deals down, the shipments out. so in a weird way, the president's hard line on trade boosted that numbers. >> there's two factors. one is what you said. so we've looked at data. we've seen, for example, the chinese increased thei...