Manufactured goods trade deficit shrinks

April 2008
Trailer / Body Builders;Apr2008, Vol. 49 Issue 6, p59
Trade Publication
The article reports on the $7 billion decline in manufacture goods trade deficit in January 2008. The entry notes that the shrink in trade deficit reported by the U.S. Commerce Department validates the need for more export-led growth and free trade to improve the economy. It cites that manufactured goods deficit for January 2008 was posted at $37 billion compared to $44 billion in January 2007. Also discussed is the continued growth in petroleum trade deficit which places the overall trade deficit at $4 billion higher than January 2007.


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