• Economic Roundup: Pedal to the Metal

    9 days ago - By Economy

    U.S. fiscal stimulus has contributed to a red-hot auto market and a widening nominal trade deficit.
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  • U.S. trade deficit hits record $74.4B in March

    9 days ago - By Finance Commerce

    The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods.
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  • New Data Shows 2021 U.S. Trade Soars Past Pre-Covid 2019 Record Total

    9 days ago - By Forbes

    U.S. trade totaled $1.40 trillion in the first quarter, according to government data released Tuesday.
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  • U.S. Heavy Truck Sales up Sharply Year-over-year in April

    U.S. Heavy Truck Sales up Sharply Year-over-year in April

    9 days ago - By Calculated Risk

    The following graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the April 2021 seasonally adjusted annual sales rate .
    Heavy truck sales really collapsed during the great recession, falling to a low of 180 thousand SAAR in May 2009. Then heavy truck sales increased to a new all time high of 575 thousand SAAR in September 2019.
    However heavy truck sales started declining in late 2019 due to lower oil prices.
    Note: "Heavy trucks - trucks more than 14,000 pounds gross vehicle weight."
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  • U.S. International Trade in Goods and Services, March 2021

    9 days ago - By U.S. Bureau of Economic Analysis

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services trade deficit was $74.4 billion in March, up $3.9 billion from $70.5 billion in February, revised. March exports were $200.0 billion, $12.4 billion more than February exports. March imports were $274.5 billion, $16.4 billion more than February imports. Full Text
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