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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, August 27, 2012

June 2012 International Trade

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Total June exports of $185.0 billion and imports of $227.9 billion resulted in a goods and services deficit of $42.9 billion, down from $48.0 billion in May, revised. June exports were $1.7 billion more than May exports of $183.3 billion. June imports were $3.5 billion less than May imports of $231.4 billion.

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Paper exports retreated slightly, falling by 15,000 tons (0.6 percent). Imports also decreased by 14,000 tons (1.8 percent). Exports were 312,000 tons (11.6 percent) lower than a year earlier while imports were 50,000 tons (6.2 percent) lower.
 
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Softwood lumber exports ticked lower, by 4 MMBF (3.3 percent), in June while imports fell by 51 MMBF (6.0 percent). Exports were 18 MMBF (12.2 percent) lower than year-earlier levels; imports were 42 MMBF (5.6 percent) higher.

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