Wednesday, April 12, 2006

Trade Deficit Drops

Well it looks like the Chinese are buying more of our crapola for once.

For February, the deficit with China narrowed by 22.7 percent to $13.8 billion, the smallest imbalance since March 2005. The improvement reflected a sizable 19.9 percent jump in U.S. exports to China to $4.1 billion, the second highest level on record, led by big gains in exports of American cotton, soybeans and semiconductors.

No comments: