U.S. exports down 1.4% in February

April 18, 2011 at 7:00 am

 The U.S. Commerce Department reported Tuesday that the nation’s February exports were down 1.4 percent to $165.1 billion, compared to the previous month.
  

 Similarly, U.S. imports of goods and services decreased 1.7 percent over the period to $210.9 billion, causing the U.S. trade deficit to decrease 2.6 percent since January to reach $45.8 billion in February.

“Although exports dipped in February, exports grew strongly late last year and in January,” said Commerce Secretary Gary Locke, in a statement. “President Obama is committed to pursuing an ambitious trade agenda that will keep our economy growing and support good jobs for U.S. workers by opening new markets.  Read more.

American Shipper, 4/13/2011

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Entry filed under: American Shipper, United States.

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