U.S. exports fell 1% in August

Trade & Trends

Friday, October 12, 2012

The U.S. Commerce Department on Thursday reported the country’s exports fell 1 percent in August to $181.3 billion. Imports also declined 0.1 percent to $225.5 billion. Overall, the August U.S. trade deficit increased 4.1 percent from July to $44.2 billion. The Obama administration said a bright spot in the August trade figures was service exports, which reached an all-time record of $52.8 billion....

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