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
S.D.-area trade is topped by many other metro areas
Monday, July 26, 2010
But Alan Tonelson, who heads the U.S. Business and Industry Council in Washington, D.C., noted that even though exports have been increasing, imports have been keeping pace. In the first six months of the year, U.S. exports totaled roughly $517 billion, up 22 percent from last year’s $422 billion. But imports rose 21 percent, from $772 billion to $937 billion. As long as imports keep rising like that, Tonelson said, growth in exports will not create a net rise in employment.


Click here to read the article...


Sign up below to have AEA news headlines, articles, and reports delivered directly to your mailbox. 100% free and private.
PDF Download View our plan to save American Manufacturing
PDF Download Multimedia educational shorts on key trade issues