LONGVIEW – The April 2013 international trade deficit increased 8.5 percent from March 2013, to $40.3 billion. Exports grew 1.2 percent, to $187.4 billion, and imports increased 2.4 percent, to $227.7 billion.
U.S. Trade Balance is a monthly report, with revisions, derived from data co-released by the U.S. Census Bureau and the Bureau of Economic Analysis regarding the dollar value difference between exports and imports. Foreign trade is an important component of aggregate economic activity, representing a significant portion of gross domestic product. Business leaders and investors rely upon economic indicators to make daily decisions. It’s important to put these decisions in a global context. For more information or advice, connect with me by email.
Chris Bryant, MBA, RFC® is founder & CEO of Bryant Wealth Management, Inc., a Washington-State Registered Investment Adviser. Bryant publishes information, conducts educational seminars/workshops, and provides financial planning services for individuals and/or small businesses. Chris is an award-winning speaker and the author of Personal Financial Planning. Since 1999, Bryant has devoted his professional practice to helping people make money, save money, protect money, have convenience, and peace of mind. Connect with Chris.
Chris Bryant is an American financial advisor.