by Catherine Featherston | May 13, 2013 | Economy
When Michael Newburg, owner of a small Connecticut-based company selling imported French Provencal linens, decided to move production of his tablecloths from Europe to the U.S. he was surprised to find that his import duties went up “I couldn’t understand it,” said...
by Catherine Featherston | Apr 5, 2013 | Economy
A April 5, 2013—The trade deficit narrowed slightly in February offering some optimism for the U.S. economy in the first quarter of 2013. A $1.6 billion increase in exports of goods and services coupled with a modest $0.1 billion increase of imports resulted in an...
by Catherine Featherston | Mar 8, 2013 | Economy
Exports are helping the U.S. economy recover but are not likely to save it. A sharp narrowing of the trade deficit in December led economists to believe that declining oil imports and a surge in exports were compelling the U.S. economy to expand more than anticipated....