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

By U.S. News Staff

February 12, 2009 RSS Feed Print
  • $ 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

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trade

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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.

Cheng of NJ 9:13AM March 03, 2009

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.

Cheng of NJ 9:12AM March 03, 2009

lol

lol of KS 10:05PM February 26, 2009

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