October 10, 2008
Trade Down In August
U.S. imports and exports were both down in August, but the trade deficit dropped to $59.1 billion from $61.3 billion the previous month.
The U.S. Department of Commerce said the country's August exports totaled $164.7 billion, down $3.4 billion from July. Imports totaled $223.9 billion, a drop of $5.5 billion. Exports of cars and car parts dropped $1.7 billion, and exports of industrial supplies and materials fell $1.2 billion, while imports of industrial materials and supplies dropped $6.2 billion. Imports of consumer goods rose $2.3 billion.
WBJ Web Partners
Most Recent
Most Recent
0 Comments