Read the reports - trade deficit widens, but this is the details that are more important to me:
By Daniel at 12 August, 2009, 9:33 am
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In June, the goods deficit increased $1.2 billion from May to $38.4 billion, and the services surplus increased $0.1 billion to $11.4 billion. Exports of goods increased $1.9 billion to $84.0 billion, and imports of goods increased $3.0 billion to $122.4 billion. Exports of services increased $0.5 billion to $41.8 billion, and imports of services increased $0.4 billion to $30.4 billion.
So, the goods deficit, things you can really count and touch continues unabated at far greater imports than exports. Only the nebulous “services” segment keeps the sheeple from seeing how bad things really are.
irish
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