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Daily Archives: March 11, 2010

U.S. International Trade in Goods and Services: January 2010

News release: “The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total January exports of $142.7 billion and imports of $180.0 billion resulted in a goods and services deficit of $37.3 billion, down from $39.9 billion in December, revised. January exports were $0.5 billion less than December exports of $143.2 billion. January imports were $3.1 billion less than December imports of $183.1 billion. In January, the goods deficit decreased $2.5 billion from December to $49.4 billion, and the services surplus increased $0.1 billion to $12.1 billion. Exports of goods decreased $0.7 billion to $98.4 billion, and imports of goods decreased $3.2 billion to $147.8 billion. Exports of services increased $0.2 billion to $44.3 billion, and imports of services increased $0.1 billion to $32.2 billion. In January, the goods and services deficit increased $0.4 billion from January 2009. Exports were up $18.7 billion, or 15.1 percent, and imports were up $19.1 billion, or 11.9 percent.”

New GAO Reports: Global Food Security, Joint Strike Fighter, Temporary Assistance for Needy Families

Global Food Security: Progress toward a U.S. Governmentwide Strategy Is Under Way, but Approach Has Several Vulnerabilities, GAO-10-494T, March 11, 2010 Global Food Security: U.S. Agencies Progressing on Governmentwide Strategy, but Approach Faces Several Vulnerabilities, GAO-10-352, March 11, 2010 Joint Strike Fighter: Significant Challenges Remain as DOD Restructures Program, GAO-10-520T, March 11, 2010 Temporary Assistance… Continue Reading

NHTSA: Traffic Fatalities for 2009 Reach Record Low

News release: “The U.S. Department of Transportation today announced that the number of overall traffic fatalities reported at the end of 2009 reached the lowest level since 1954, declining for the 15th consecutive quarter. According to early projections, the fatality rate, which takes into account the number of miles traveled, reached the lowest level ever… Continue Reading

CRS: Job Creation Programs of the Great Depression: the WPA and the CCC

Job Creation Programs of the Great Depression: the WPA and the CCC, Linda Levine, Specialist in Labor Economics, January 14, 2010 “With the exception of the Great Depression, the recession that began in December 2007 is the nation’s most severe according to various labor market indicators. The 7.1 million jobs cut from employer payrolls between… Continue Reading