by Megan Myscofski | May 13, 2019 | Uncategorized
An employee at Beecher’s Cheese, where dairy farmer Eric Ooms sends a large portion of his products, uses milk powder to make cheese. Courtesy of Megan Conn. Eric Ooms is a farmer in upstate New York. He runs a dairy farm with his two brothers and can trace his...
by Megan Myscofski | Apr 17, 2019 | Uncategorized
It’s rare that a bottle of wine from Napa Valley in California makes it overseas. If a brand already exports to the U.K., however, they might just see their exports, along with exports from a number of other industries, get a bump from a hard Brexit. About ten years...
by Megan Myscofski | Apr 16, 2019 | Uncategorized
Tomorrow, the Commerce Department will release the U.S. trade balance numbers from February. Here are five things to watch for when the report comes out. A Strong U.S. Economy Can Widen the Trade Deficit The American economy has been particularly strong, with positive...
by Megan Myscofski | Apr 4, 2019 | Uncategorized
A narrowing trade deficit could be a sign that the effects of President Trump’s trade war might be cooling off. The trade gap decreased from $59.9 billion in December to $51.1 billion in January. The new number is lower than many economists had predicted. The report...
by Megan Myscofski | Mar 20, 2019 | Uncategorized
Despite President Trump’s insistence that he could negotiate his way to a lower trade deficit, the gap hit an all-time high of $891.2 billion in 2018. The monthly trade gap widened from $50.3 billion in November to $59.8 billion in December, which was a bigger gap...
