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US trade deficit swells to $42.3 bn in February

AFP

The US trade deficit increased sharply in February as imports rose and exports fell amid signs of slowing growth in China and Europe’s tepid recovery, official data showed Thursday. 152 more words

Manufactured Exports Fall in February, Lag President's Goal by Record Margin

http://www.bea.gov/newsreleases/international/trade/2014/pdf/trad0214.pdf

As announced by the Bureau of Economic Analysis (BEA) this morning, the nation’s trade deficit rose in February to $42.3 billion.  Not mentioned in the report (because the BEA doesn’t even track it, but can be derived through some simple math) is the fact that a $0.7 billion decline in manufactured exports contributed to the rise in the deficit.  381 more words

Politics

Exports Lag Obama's Goal by Record Margin in January

http://www.bea.gov/newsreleases/international/trade/2014/pdf/trad0114.pdf

The Bureau of Economic Analysis released January’s trade results on Friday – results that were consistent with reports for the past several years.  The overall trade deficit was $39.1 billion – about the same as four years earlier, thanks to the increase in exports being matched by an increase in imports.  311 more words

Politics