Strong dollar hurts U.S. exports, trade deficit largest since 2012
invite response
2015 Feb 5, 7:14am 1,516 views 1 comment
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indigenous
2015 Feb 5, 8:10am
indigenous
2015 Feb 5, 8:10am
It seems like this is a blip on the trend that will bring more manufacturing to the US. Although the price of oil has a lot to do with this as well.
The Commerce Department said today that the U.S. trade deficit jumped by 17.1 percent in the fourth quarter of 2014. At $46.6 billion dollars, the increase was the largest since November of 2012 and the biggest percentage increase since July of 2009.
http://www.globaldeflationnews.com/u-s-trade-deficit-growing-december-largest-since-2012/