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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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Sunday, March 8, 2015

January 2015 International Trade (General)

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The goods and services deficit was $41.8 billion in January, down $3.8 billion from $45.6 billion in December. January exports were $189.4 billion, down $5.6 billion from December. January imports were $231.2 billion, down $9.4 billion from December.
The January decrease in the goods and services deficit reflected a decrease in the goods deficit of $3.4 billion to $61.6 billion and an increase in the services surplus of $0.5 billion to $19.9 billion.
Year-over-year, the goods and services deficit increased $2.9 billion, or 7.5%, from January 2014. Exports decreased $3.3 billion or 1.7% while imports decreased $0.4 billion or 0.2%. 
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On a global scale, data compiled by the Netherlands Bureau for Economic Policy Analysis showed that world trade volume increased by 1.0% in December (from the prior month) while prices fell by 2.3%.
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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