International Trade

America’s trade imbalance improved in August 2017 according to the most recent data from the Bureau of Economic Analysis.  Following July’s upwardly revised trade deficit of $43.6 billion (originally $43.7 billion), our nation’s shortfall improved to minus $42.4 billion.  This narrowing was a result of increased exports and falling imports.  More specifically, A

Location is critical for many trading partnerships.  For instance, last year America’s number two and three trading relationships were with the world’s 10^th and 15^th largest economies: Canada and Mexico.  These two nations trade with the U.S in large part because of proximity.  However, with increased globalization, other key relationships develo

June 2017 Trade Balance