The U.S. Census Bureau released its Merchandise Trade data numbers on February 11th for December 2010. The Merchandise Trade balance increased 6.4% over last December and fell 11.6% from the previous month. Imports dropped 1.5% from November and gained 14.3% over last year, while exports rose by 3.6% from the previous month and 17.9% over December 2009.
Below is an in-depth breakdown of the U.S. Census Merchandise Trade data. This month we have highlighted 5 interesting items that we found while looking at December's data; here are the highlights:
Click here for Zepol's U.S. Census Merchandise Trade Data Update for December 2010
- Trade protectionism will rise
- The supply of containers could impact exports more than increased manufacturing
- Concentration of imports shifting to ports East of the Panama Canal
- Inflationary pressures on the dollar could tamp down both import and export growth
- Housing could still be the anchor dragging the U.S. back to another recession