A Growing Trade Deficit? Medical Goods Imports Plays a Role

Abstract: Typically, the U.S. trade deficit narrows during a recession. However, the deficit actually widened by about 20% from January to June.

Keywords: trade; COVID-19; coronavirus; exports; imports; medical goods; trade deficits;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2020-11-10