TITLE

Manufactured goods balance improves in November 2008, according to NAM figures

PUB. DATE
February 2009
SOURCE
Trailer / Body Builders;Feb2009, Vol. 50 Issue 4, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that there has been a huge decrease in the manufactured goods trade deficit in November 2008, according to the National Association of Manufacturers (NAM). The rapid drop in imports cut the trade deficit significantly, says NAM Vice President for International Economic Affairs Frank Vargo. The total manufactured goods deficit for the periods of January-November 2008 was $408 billion. There is a need for more free trade agreements as the U.S. obtained positive trade surplus with its free trade partners, Vargo emphasizes.
ACCESSION #
37170756

 

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