Author: Tola Brennan

Jump in Consumer Goods Could Signal End of Trade Decline

Jump in Consumer Goods Could Signal End of Trade Decline

Dramatic boost in consumer goods imports and exports and a higher trade deficit suggest that months of steadily falling international trade amounts are finally at an end. Consumer goods imports increased $3.6 billion in February to $51.5 billion, according the Commerce Department’s monthly international trade report. Exports of consumer goods […]

Sweeping Slump in Trade Hurts Everywhere But Auto Sales

Sweeping Slump in Trade Hurts Everywhere But Auto Sales

International trade is down across categories and the deficit is up leading to skepticism of a rebound this year. With the global slowdown and a strong dollar recently playing a role, this slide continues a trend that started in late 2014. However, the Friday jobs report was substantially more positive […]