July trade deficit

    U.S. Trade Deficit Plunged in July on Rising Exports, Falling Imports

    By Joseph Lazzaro

    | 10:45AM 9/09/2010
    The U.S. trade deficit fell to $42.8 billion in July from $49.8 billion in June. The gap remains huge, but if the trends continues in the months ahead, trade will boost U.S. GDP growth above current forecasts.
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