U.S. Trade Deficit is on a Plateau
Abstract:
The U.S. goods and services trade deficit declined in March 2008 to about the plateau level (-$700 billion) it has occupied over the past eighteen months. In February, the deficit had reached $750 billion. Embedded in the latest U.S. numbers is some good news and some not so good news.
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The U.S. goods and services trade deficit declined in March 2008 to about the plateau level (-$700 billion) it has occupied over the past eighteen months. In February, the deficit had reached $750 billion. Embedded in the latest U.S. numbers is some good news and some not so good news.