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5 Things to Watch For in March’s International Trade Report

5 Things to Watch For in March’s International Trade Report

by Aria Velasquez | May 3, 2021 | Featured, Trade

The March international trade report is expected to deliver news of another record-breaking trade deficit. The U.S. is importing and exporting more, a sign that the economy is finding its legs as it recovers from the pandemic-induced recession. The trade gap is...

How Small Craft Retailers Are Navigating the Choppy Waters of Recovery

by Aria Velasquez | Apr 17, 2021 | Featured, Trade

Aria Velasquez · How small craft retailers are navigating the choppy waters of recovery – Dismal Science ARIA VELASQUEZ: Kelly Straub had high hopes for her business, Shirsty Cat Designs, at the beginning of last year. The independent yarn dyer from Montgomery...

February trade gap largest on record, a sign of the US wobbling back towards normalcy

by Aria Velasquez | Apr 15, 2021 | Featured, Trade

The U.S. trade deficit hit a record high in February, the result of increased consumer spending during the recovery from the COVID-19 pandemic and the corresponding economic crisis. Imports and exports both fell in February, resulting in a trade gap of $71.1 billion,...

Trade deficit widens as U.S. economy tries to shake off the pandemic’s vise grip

by Aria Velasquez | Mar 9, 2021 | Featured, Trade

The U.S. trade gap widened in January, the result of increased consumer spending as the economy recovers from the COVID-19 economic crisis. The trade deficit was $68.2 billion in January, up 1.9 percent over December’s seasonally adjusted numbers, the Commerce...
Five Things to Watch in March’s Advance International Trade Report

Five Things to Watch in March’s Advance International Trade Report

by Baidi Wang | Apr 28, 2020 | Trade

Tomorrow the U.S. Census Bureau will release the Advance International Trade Indicator report for March with significant impact from the coronavirus. Here are five things to watch for: The trade deficit will narrow remarkably because of the coronavirus. The U.S....
Medical supply shortages reflect economic relationship between U.S., China

Medical supply shortages reflect economic relationship between U.S., China

by Baidi Wang | Apr 8, 2020 | Featured, Trade

February and March have been very unusual for Jia Yu, owner the Yu Jia Express shipping company in Flushing, Queens. Because of the coronavirus outbreak in China, many Chinese in the United States have shipped medical supplies, including surgical masks, N95 masks and...
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