The Growing U.S. Trade Deficit

According to the latest reports,released on July 12, 2011,  the U.S. Trade Deficit has increased greatly from April to May due in part to the rising oil costs.   The U.S. Department of Commerce states that the good and services deficit increased from $43.6 billion to $50.2 billion over that month.  Click here to read the press release in its entirety.

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