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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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Wednesday, August 7, 2013

June 2013 International Trade (General)

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Total June exports of $191.2 billion (an all-time high in nominal-dollar terms) and imports of $225.4 billion resulted in a goods and services deficit of $34.2 billion. June’s deficit was down 22.5 percent from May’s $44.1 billion and the lowest since October 2009. June exports were $4.1 billion more than May exports of $187.1 billion. June imports were $5.8 billion less than May imports of $231.2 billion. 
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On a global scale, data compiled by the Netherlands Bureau for Economic Policy Analysis showed that world trade volume decreased by 0.3 percent in May while prices fell by 1.3 percent.
The foregoing comments represent the general economic views and analysis of Delphi Advisors, and are provided solely for the purpose of information, instruction and discourse. They do not constitute a solicitation or recommendation regarding any investment.
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