U.S. Trade Deficit Decreases in December 2008
A new report details U.S. trade in goods and services, showing a December decrease in trade deficit
- $ 133.8 billion: December 2008 U.S. exports
- $ 173.7 billion: December 2008 U.S. imports
- 8.4 percent: Decrease in exports between December 2007 and December 2008
- 14.7 percent: Decrease in imports between December 2007 and December 2008
- $142.5 billion: Average U.S. exports for the fourth quarter of 2008
- $188.8 billion: Average U.S. imports for the fourth quarter of 2008
Read more Data Points.
Source: Bureau of Economic Analysis
Reader Comments
US Trade Deficit will go down further
due to the fact oil price stay low and demand shrink, and US dollars appreciating... You may see US Trade Balance in the next few years, the first time to come when US dollars jump, i.e. oil price goes down to under $20 a barrel ... When US dollar jump, US trade partner's currency will collapse like Korean Won drop 40% and 20% already this year.
US Trade Deficit will go down further
due to the fact oil price stay low and demand shrink, and US dollars appreciating... You may see US Trade Balance in the next few years, the first time to come when US dollars jump, i.e. oil price goes down to under $20 a barrel ... When US dollar jump, US trade partner's currency will collapse like Korean Won drop 40% and 20% already this year.
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