U.S. International Trade: Trends and Forecasts
Description:
The U.S. trade deficit was shrinking through June 2009 because of the global financial crisis but has begun to increase again. The crisis caused U.S. imports to drop faster than U.S. exports. The global simultaneous recession, however, implies that exporting countries cannot rely on increased foreign demand to make up for slack demand at home. Even though U.S. imports are down considerably from 2008, companies competing with imports still face diminishing demand as the domestic economy has been…
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Date:
May 26, 2010
Creator:
Nanto, Dick K. & Donnelly, J. Michael
Item Type:
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Partner:
UNT Libraries Government Documents Department