Research the U.S. Trade Deficit on the internet.
•
How has it changed recently?
•
Do you expect this trend to continue?
•
Is this trade deficit a bad thing or a good thing, and why?
•
What should we do about it if anything?
In October, the US trade deficit narrowed sharply, while only a slight decline was expected. The
deficit shrank from a revised $44.6 billion to $38.7 billion, while a shortage of $43.8B billion
was expected. This is the smallest trade gap since January. The one-month improvement in the
deficit is the biggest since July.
Some of the strength in exports could be tied to a weaker dollar.
Relatively stronger growth in emerging market economies compared with the industrial world
might be another factor, analysts said. The narrowing of the deficit in October was a surprise to
economists. Analysts surveyed by Market Watch had expected the deficit to widen slightly to
$44.3 billion from the initial September estimate of $44 billion. At a minimum, the October
This is the end of the preview.
Sign up
to
access the rest of the document.
- Spring '10
- MELISSA
- Economics, Deficit, International Trade, United States public debt
-
Click to edit the document details