| U.S. trade deficit reached record high level |
| World - Economy | |||
| Friday, 11 September 2009 10:16 | |||
In July the U.S. trade deficit reached its highest level in the past ten years since the consumption recovery in consumption caused a record increase in imports.Trade deficit in July was up 16, 3% compared to the previous month to $ 32 billion, which is the biggest monthly increase since February 1999. In July, imports rose to a record 4.7% to 159.6 billion dollars. U.S. exports in July rose third month in a row by 2.2% to 127.6 billion dollars.
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In July the U.S. trade deficit reached its highest level in the past ten years since the consumption recovery in consumption caused a record increase in imports.





