Wednesday, September 26, 2007

Could the US trade deficit be about to disappear?

Insight: Dwindling US trade deficit could reshape world business

The latest monthly data showed the US trade deficit was about $59bn. On an annualised basis, this is just over 5 per cent of gross domestic product, an improvement from the 7 per cent level of not so long ago. Within the details, there are also some impressive signs.

Posted by chris @ 08:12 AM (502 views)
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