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Current Trade Deficit:   AmericanEconomicAlert.org - Presented by The Robert A. Stranahan Lectures
The US Economic Borrow-and-Spend Bubble Reflates
Alan Tonelson
Monday, July 12, 2010
Photo of Alan Tonelson
Growth of U.S. real GDP, 4Q 2009-1Q 2010:  0.68%

Growth of U.S. real trade deficit,  4Q 2009-1Q 2010:  7.18%



Source: Calculated from “Table 1.1.6: Real Gross Domestic Product, Chained Dollars,” Seasonally Adjusted, National Economic Accounts, Bureau of Economic Analysis U.S. Department of Commerce,” http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=6&FirstYear=2009&LastYear=2010&Freq=Qtr

Alan Tonelson is a Research Fellow at the U.S. Business & Industry Educational Foundation and the author of The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards (Westview Press).
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