Monday, July 13, 2009

Signs of Life in Global Trade

Two of the world's most important economies -- China and the United States -- are showing signs of growth.
U.S. exports grew in May, while imports fell, helping to narrow the trade deficit to its lowest level in nearly nine years. The report prompted economists to revise up their estimates of second-quarter gross domestic product. Some even suggested the economy might have grown slightly in the second quarter.
Read all about it here.

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