DCN ARCHIVES

August 26, 2008

Video Editorial

U.S. trade deficit remains stuck at $700 billion

Over the last 19 months, the U.S. trade deficit has proved to be intractable. While a surplus in services keeps it from sinking completely, the deficit in goods, such as energy products, petroleum computer equipment, footwear and clothing, keeps creeping higher.

CanaData chief economist Alex Carrick explains the importance of these trade figures to the construction industry and the three product areas — energy, manufacturing and consumer products manufactured overseas — that contribute to the deficit.

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ALEX’S BLOG

Reed Construction Data Chief Economist Alex Carrick discusses current developments in Canada's economic environment. He also shares light-hearted reflections on life and current events.

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