Deficit

Unexpected Growth in U.S. Trade Deficit

From news.thomasnet.com

April 16th, 2008

news.thomasnet.com — You might think that with U.S. consumers buying less, the deficit would fall. Yet the trade gap in U.S. unexpectedly widened for the month of February, according to the latest numbers from the Commerce Department.

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US Trade Deficit Skyrockets under Bush Administration

Submitted by Eran Lillestrand (not verified)

March 14, 2008

The U.S. trade deficit has almost doubled since Bush took office – up to $712 billion in 2007 from $363 billion in 2001.

Source

U.S. Census Bureau Foreign Trade Statistics, FT900: U.S. International Trade in Goods and Services, February 14 2008. http://www.census.gov/foreign-trade/Press-Release/current_press_release/press.html