August 2010 data show imports into the United States have almost returned to pre-Great Recession highs, while exports are down YoY.
Category Archives: Trade Data
Is the Trade Balance Making Any Stimulus Ineffective?
Open trade borders leak (money flows). Stimulus done in one country alone will benefit its trading partners more – as they did not have to invest any capital to be stimulated.
Trade Balance in July 2010 May Be Down (or Up)
The trade balance may have grown in July 2010, the opposite of the statement in the US Census press release. The monkey wrench is inconsistent seasonal data.