The U.S. Census Bureau released their Merchandise Trade data numbers on March 10th for January 2010. The Merchandise Trade balance has declined by 7.0% from December to return to levels last seen in August 2009. Both imports and exports fell by about 6.6%, ending a two month trend of growth. However, in comparison to 2009, all numbers are heading in a positive direction; exports are up by 18.3%, imports by 11.3%, and the Merchandise Trade balance is down by 1.0%.
Below is an in-depth breakdown of the U.S. Census Merchandise Trade data released last week. This month we have highlighted 5 interesting items that we found while looking at December's data; here are the highlights:
- New York Falling in Love with Coffee
- Asia's Economy Recovering More Quickly than Europe's
- Housing Market Still Down
- Haiti to Grow Textile Industry
- National Export Initiative Projections
Click here for Zepol's U.S. Census Merchandise Trade Data Update for January 2010