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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (516583)12/28/2003 5:21:42 PM
From: Copperfield  Read Replies (1) | Respond to of 769670
 
Re: 400 billion dollar monthly trade deficit

I think that this is the approximate yearly trade deficit figure.



To: Oeconomicus who wrote (516583)12/28/2003 6:53:53 PM
From: geode00  Respond to of 769670
 
"BTW, in the latest quarter, exports grew twelve times faster than imports, 9.9% p.a. vs. 0.8%. Just thought you'd want to know. "

That could mean that our economy isn't growing fast enough for imports, that the dollar has sunk so low our exports are cheap now....good and bad. You have to look beyond the top level numbers.