Exports rise, trade deficit drops
Adjust font size:
Manufacturing News, Source : TheManufacturer.com
Published : 21 Aug 2002 20:57
The Department of Commerce’s international trade report indicated that the monthly trade deficit dropped to $37.2 billion in June, down from $37.8 billion in May.
In addition, exports rose $1.3 billion in June, marking the fourth consecutive monthly increase.
“I expect we will see an improvement in the net export component of GDP that will raise the second quarter when the Commerce Department releases its preliminary revision to second quarter GDP next week,” said Jerry Jasinowski, president of the National Association of Manufacturers.
Comments on this story
click here to add a comment
You must be registered & logged in to add comments
already have an account and just want to login?
Related Content
Guest Editorial: Checklist - Seven Recommendations for Improved Profits
by Abbott A. Imberman, PhD, Professor of...
more…
FKI LOGISTEX OPENS NORTH AMERICAN TECHNOLOGY & EDUCATION CENTER (TEC)
(St. Louis, Missouri, USA: July 10, 2007) FKI...
more…
Guess selects the tradecard platformand SourceView suite to optimize global trade
NEW YORK, July 10, 2007 – TradeCard Inc., the...
more…
Kimberly-Clark Professional Crosses Final Touchless Frontier With Introduction of First Electronic Bath Tissue Dispenser
ROSWELL, Ga. (July 9, 2007) – Kimberly-Clark...
more…
Boeing Celebrates the Premiere of the 787 Dreamliner
EVERETT, Wash., July 08, 2007 -- Today, Boeing...
more…
no comments yet...