EXHIBIT 16. EXPORTS, IMPORTS AND BALANCE OF ADVANCED TECHNOLOGY PRODUCTS
JANUARY 1996 TO JUNE 1998
Period Balance Exports Imports
1996
Jan.- Dec. 24,548 154,909 130,362
Jan.- June 12,236 75,952 63,716
1997
Jan.- Dec. 32,252 179,538 147,287
Jan.- June 18,781 87,045 68,264
1998
Jan.- June 15,240 89,819 74,579
1998
June 2,109 15,545 13,437
1997
June 2,472 14,895 12,423
Advanced technology products (ATP) exports were $15.5 billion in June
and imports were $13.4 billion, resulting in a surplus of $2.1 billion.
June exports were $1.0 billion more than the $14.6 billion in May, while
imports were $1.1 billion more than the $12.3 billion in May.
Here i go agian saying correction not tanking market but correcting over valued market. Wish the statistics were more more current but there have been share buy backs (credit Bobby Y)
USA dollar overvalued IMHO |
