Economic Report: United States importing 55 percent more than exporting
Submitted by Jesse Russell on June 18, 2006 - 5:21pm
 Printer-friendly version Send to friendEconomic Report:
In the first quarter of 2006 the United States imported 55 percent more than it exported. According to the Economic Policy Institute imports of goods and services were $2.1 trillion while exports were at more than $1.3 trillion. The EPI says that improvements in the trade deficit can only be achieved through a continued reduction in the dollar. The dollar has declined 13 percent since 2002.
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