Remember the Obama pledge that exports will double within five years? Heard anything about this lately? Want to know why?
It’s because U.S. exports fell during the third quarter for the first time in 3 ½ years.
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced in October that 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 a deficit ...
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