Sunday, May 22, 2005
The Benefits of a Weak Dollar
Figures from the Census Bureau show that the country bought $55 billion more in imported goods and services than it sold in exported goods and services during March.
...The United States also bought fewer Chinese goods — cutting back on Chinese-made apparel (a glut of textiles made its way to U.S. shores in previous months after a WTO quota system expired) and toys.
...Despite the difficult oil situation, the United States saw an increase in international sales of its capital goods and foods/beverages to overseas customers during March.
ABC News 5/11/05
Sooner or later, things have to balance out. But it can get pretty difficult for us before then.
...The United States also bought fewer Chinese goods — cutting back on Chinese-made apparel (a glut of textiles made its way to U.S. shores in previous months after a WTO quota system expired) and toys.
...Despite the difficult oil situation, the United States saw an increase in international sales of its capital goods and foods/beverages to overseas customers during March.
ABC News 5/11/05
Sooner or later, things have to balance out. But it can get pretty difficult for us before then.
# posted by Lynn Wegley @ 8:40 PM 
