Peter Cowhey Quoted in Story on U.S. Trade
Trade deficit shrinks by 7.6%
12/11/2009
Dean Calbreath,
San Diego Union-Tribune
Thanks in part to the weakness of the dollar and low demand for foreign oil, the U.S. trade deficit plunged by 7.6 percent in October to $32.9 billion, as a surge in exports overwhelmed a slight uptick in imports, the Commerce Department said yesterday.
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