American Economic Alert.org - Masthead Fighting For American Companies - Fighting for American Jobs United States Business and Industry Council
Current Trade Deficit:   AmericanEconomicAlert.org - Presented by The Robert A. Stranahan Lectures
U.S. trade gap widens sharply in July
Thursday, September 10, 2009
Alan Tonelson, research fellow at the United States Business and Industry Council, a manufacturing trade group, said the data showed that federal stimulus spending, designed to spur U.S. growth is "hemorrhaging" overseas.

As a result, there is little job creation in the U.S., Tonelson said.

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