Behind the Strong U.S. Export Numbers
The latest U.S. trade figures (PDF) showed a surprising surge in non-oil imports in March, a sign that American consumers are spending more. Just as surprising—and more encouraging from the U.S. point of view—was the 2.9 percent growth in exports, to $186.7 billion for the month. That’s the highest value of U.S. exports ever. “The export numbers are encouraging,” says Millan Mulraine, senior U.S. strategist for TD Securities in New York. “They show that global activity is stronger than we thought and demand is better than expected.”
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Turns Out It Will Be Congress's Fault When Stocks Crash
- Facebook and Google Helped Anti-Refugee Campaign in Swing States
- Ford to Take $267 Million Hit From Recall of F-Series Trucks