What CBS News Did With Catherine Herridge's Files Could Have Chilling Effect on...
Blue Laws for Red Citizens
Google’s Racist AI Generator
Democrats' Fake News Sites Face Plant in Wisconsin and Tennessee
Alabama Supreme Court's Embryo Ruling Embodies America's Legal Heritage
Environmentalists in Denial About Biden's Unpopular EV Mandate
Why Can't the Networks Investigate James Biden?
Iran Foreign Minister's Presence Undermines UN Human Rights Council Mission
Biden Open-Door Policy: Some Facts and Historical Context
While Biden Pushes Ukraine To Fight, He Demands Israel Surrender
Is the Biden Crime Family Worse Than the Mafia?
Message to Nikki Haley: Time to Go
Nancy Pelosi's Massive Stock Trade Paycheck Raises Concerns
Illegal Alien Accused of Killing Cop Files Lawsuit Claiming 'Disability' Over Not Speaking...
There's An Alarming Amount of Chinese Migrants Being Apprehended at the Southern Border

US Trade Deficit Narrows, But Does This Amount Matter?

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

This morning the U.S. Department of Commerce issued its monthly report detailing the status of the United States’ international trade balance . Today’s data was for the month of April 2011. In April total U.S. exports amounted to 175.6 billion while imports totaled $219.2 billion, creating a deficit of $43.7 billion. This deficit represents a marginal decrease from March in which the monthly deficit totaled $46.8 billion.


Year over Year: The goods deficit in April was down $3 billion while the service surplus increased by $200 million. Since April of 2010 the monthly trade deficit has increased by $2.2 billion, due to rising imports of $30 billion versus rising exports of $27.8 billion.

Goods Exports: The increase in exported goods from March was due to a $2 billion increase in industrial supplies and materials (NYSE:XLB), a $1.2 billion dollar increase in capital goods, and $.3 billion dollar rise in consumer goods. Exports for Automotive vehicles, parts, and engines and industrial supplies and material declined by $2.5 and $1.8 billion respectively.

Join the conversation as a VIP Member


Trending on Townhall Videos