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Macro Pulse highlights recent activity and events expected to affect the U.S. economy over the next 24 months. While the review is of the entire U.S. economy its particular focus is on developments affecting the Forest Products industry. Everyone with a stake in any level of the sector can benefit from
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Monday, June 25, 2012

April 2012 International Trade

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Total April exports of $182.9 billion and imports of $233.0 billion resulted in a goods and services deficit of $50.1 billion, down from $52.6 billion in March. April exports were $1.5 billion less than March exports of $184.4 billion. April imports were $4.1 billion less than March imports of $237.1 billion.
 
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Paper exports retreated somewhat, falling by 270,000 tons (10.3 percent). Imports also decreased, but by a much narrower margin: -72,000 tons (9.0 percent). Exports were 424,000 tons (15.2 percent) lower than a year earlier while imports were 162,000 tons (18.3 percent) lower.
 
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Softwood lumber exports ticked lower, by 6 MMBF (4.4 percent), in April and imports fell by 30 MMBF (3.8 percent). Exports were 7 MMBF (4.8 percent) lower than year-earlier levels; imports were 11 MMBF (1.4 percent) lower.

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