Written by Steven Hansen A quick recap to the December 2013 trade data released today shows a mixed picture of the economy – with the unadjusted data saying both imports and exports growth decelerated month-over-month.
Category Archives: Trade Data
U.S. Economy Gaining Momentum
by James D. Hamilton, Econbrowser.com Appeared originally at Econbrowser 30 January 2014 Caption illustration added by Econintersect. The Bureau of Economic Analysis announced today that U.S. real GDP grew at a 3.2% annual rate in the fourh quarter. That’s two quarters in a row now of above average growth. Given recent experience, that sounds pretty …
Sea Container Counts End 2013 Softly
Written by Steven Hansen Export and Import container counts were a little soft in December 2013 after last month’s strong data as a comparison. However, rolling averages were accelerating despite this soft data.
Shrinking U.S. Imports
Written by Steven Hansen A recent article in the Economist suggested that there was: …… a remarkable improvement in America’s external accounts. At the end of 2005 the current-account deficit reached 6.2% of GDP, the sign of a society living dangerously beyond its means. But by the third quarter of 2013 it had dropped to …
November 2013 Trade Data Shows A Mixed Picture
Written by Steven Hansen A quick recap to the November 2013 trade data released today shows a mixed picture of the economy – with the unadjusted data saying both imports and exports growth decelerated month-over-month.