Article

2005-05-11 Home Front: Economy

Surprise! U.S. trade gap tumbles--trade deficit shrank a surprising 9.2 percent in March

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Posted by Sobiesky 2005-05-11 12:12|| || Front Page|| [2 views since 2007-05-07] Top

#1 Looks like the main cause was a drop in consumer spending, although the fall in the USD doubtless helped.

Posted by phil_b 2005-05-11 19:02|| 2005-05-11 19:02|| Front Page Top

#2 A fall in the dollar would hurt the amount. Likely it was a slight strengthening of the dollar and a slight fall in oil prices helped by a nonchelant consumer market for Eu smoke and mirrors.

Posted by Shipman 2005-05-11 19:07|| 2005-05-11 19:07|| Front Page Top

#3 A fall in the dollar would hurt the amount. While there may be a short term 'J-curve' (explaining the few months delay before the USD's fall took effect), the net effect is to decrease imports becuase they are more expensive and increase exports becuase they are cheaper.

Posted by phil_b 2005-05-11 19:37|| 2005-05-11 19:37|| Front Page Top

#4 Maybe. I still figure a slight drop in oil prices, and the dollar under 130 eu helped.

Posted by Shipman 2005-05-11 19:59|| 2005-05-11 19:59|| Front Page Top

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