Tuesday, October 11, 2011

U.S. Exports Rise to Record as Trade Deficit Shrinks

U.S. Exports Rise to Record as Trade Deficit Shrinks
The New York Times

Amidst a gloomy economic climate, exports are standing out as a bright spot in the American economy. The Department of Commerce recently reported that exports reached a record-breaking $178 billion in July, helping the United States to shrink its trade deficit by 13.1%, according to the New York Times.

For our part, the Austin-Round Rock exported nearly $4 billion of goods in the first half of 2010 (the most recent period for which data is available). Our region's primary global markets are Taiwan, South Korea, Mexico, China, Japan, Malaysia, and Canada.

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