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Total
August exports of $189.2 billion and imports of $228.0 billion resulted in a goods
and services deficit of $38.8 billion, up from $38.6 billion in July. August
exports were $0.1 billion less than July exports of $189.3 billion. August
imports were virtually unchanged at $228.0 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 0.8 percent in August while prices rose by 0.8
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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