Tag: Us Commerce Department
Trade Brief – Headlines with Links
by TomBel on Feb.14, 2009, under Headline News
Friday, the US Commerce Department reported the 2008 deficit on international trade in goods and services was $677.1 billion. This is down from $700.3 billion in 2007 but still 4.7 percent of GDP. The trade deficit was smaller in 2008, because economic growth and consumer declined during the second half of 2008.
The goods deficit with China increased from $256.2 billion in 2007 to $266.3 billion in 2008. Exports increased $6.2 billion to $71.5 billion, while imports increased $16.3 billion to $337.8 billion.
The goods deficit with the European Union decreased from $107.2 billion in 2007 to $93.4 billion in 2008. Exports increased $27.3 billion to $274.5 billion, while imports increased $13.5 billion to $367.9 billion.
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RGE Monitor – New York,NY,USA
This chart illustrates the Bureau of Economic Analysis’ measure of real export and import growth over the last eight recession (including the current cycle) …
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By Auto Sr. Reporter
The company was granted permission to launch their products in India in 2007 itself but they decided otherwise as the high import duties would make the bikes too expensive. The company would launch bikes whose price tag would range from …
