Professor Mark J. Perry's Blog for Economics and Finance
International trade data from yesterday's trade BEA report show that total U.S. trade (exports + imports) has increased 20% from the April 2009 low of $271.7 billion to $326 billion in February, the highest volume since December 2008. From their 2009 lows, imports have increased by 22.6% and exports by 17.7%.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
3 Comments:
Looks like we have a flat line there. Better break out the 100 billion dollar check book.
Buying more stuff from people we already can't pay with money we don't have.....turn on the printing presses!
Isn't the devalued and devaluing U.S. dollar theb main reason for the increase in exports
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