Trade Deficit Dynamics

By Econ70 | 04/26/2011
A picture of the inside of a room with a bunch of stuff on it.

The March trade deficit fell by 2.6% but, hold the applause. Imports fell 1.7% due to a fall in demand for crude oil. Exports fell 1.4% as US auto, industrial machinery & food products fell. As if the decline in exports was not bad enough, for the first few months of ’11 the deficit is…

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