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Author: Tola Brennan
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
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 […]