Wednesday, August 24, 2011
[IWS] USITC: SHIFTS IN U.S. MERCHANDISE TRADE 2010 [15 August 2011]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
United States International Trade Commission (USITC)
Shifts in U.S. Merchandise Trade 2010 [15 August 2011]
Investigation No. 332-345
[full-text, 296 pages]
Press Release 15 August 2011
USITC RELEASES SHIFTS IN U.S. MERCHANDISE TRADE 2010
Merchandise Trade Deficit Up 27 percent, Imports Up 23 percent, Exports Up 20 percent As Worldwide Economic Recovery Boosts Global Demand in 2010
Shifts in U.S. Merchandise Trade 2010, an annual compendium of data and analysis examining changes in trade with key U.S. partners and in important U.S. industries, was released today by the U.S. International Trade Commission (USITC).
The USITC, an independent, nonpartisan, factfinding federal agency, releases the information in a web-based format that provides details and reasons for key shifts in trade and that can be searched by country or industry group and subgroup.
Shifts in U.S. Merchandise 2010 can be accessed at http://www.usitc.gov/publications/332/pub4245.pdf.
Users will find a comprehensive review of U.S. trade performance in 2010, focusing on changes in U.S. exports, imports, and trade balances of agricultural and manufacturing industries; key natural resources; and changes in U.S. trade with major partners and country groups. Also included are profiles of the U.S. industry and market for over 250 industry groups and subgroups, featuring data for 2006-10 on consumption, production, employment, and trade.
The report examines:
• industry developments and the principal drivers influencing trends in U.S. trade;
• leading products the United States exported to and imported from its most important trading partners, and the key factors influencing trade in these products;
• price fluctuations, increased global consumption of energy-related products, greater consumer access to financing for the purchase of durable products, and other major factors affecting U.S. trade in 2010.
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
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