Economic Charts

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Wednesday, November 10, 2010

Monthly Trade Balance

The Trade Balance number is the difference in value between imported and exported goods and services during the reported month. For the month of September, the trade balanced improved slightly over the previous months -46.4 billion.   The forecast called for a number of -45 billion, but the actual headline number came in at -44 billion.
With the dollar continuing to devalue, we very well could see a further narrowing of the gap between imports/exports (as it becomes cheaper to consume American goods/services).  Export of Goods improved, while the exports of Services declined.  

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