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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, October 22, 2012

August 2012 International Trade

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Total August exports of $181.3 billion and imports of $225.5 billion resulted in a goods and services deficit of $44.2 billion, up from $42.5 billion in July. August exports were $1.9 billion less than July exports of $183.2 billion. August imports were $0.2 billion less than July imports of $225.7 billion.
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Paper exports retreated slightly, falling by 21,000 tons (0.9 percent). By contrast, imports increased by 22,000 tons (2.6 percent). Exports were 273,000 tons (10.2 percent) lower than a year earlier while imports were 11,000 tons (1.3 percent) lower.
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Softwood lumber exports were virtually unchanged, edging up by 1 MMBF (0.6 percent), in August while imports fell by 78 MMBF (8.1 percent). Exports were 25 MMBF (16.1 percent) lower than year-earlier levels; imports were 121 MMBF (15.8 percent) higher.

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