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The August Trade Deficit fell for a fifth straight month to -$67.4B. The Deficit is now down an 37% from the high struck back in March. As shown by the chart below, this is mainly driven by a fall in Imports as Exports have stayed relatively flat. Figure: 1 Monthly Plot Detail The table below […]
The post Trade Deficit: Are Falling Imports Further Sign of Recession? first appeared on SchiffGold.