For the first time since October 2008, U.S. trade grew month over month in December, according to annual trade data released Wednesday (Feb. 10) by the Census Bureau and analyzed by WorldCity. U.S. trade in December 2009 was $18.58 billion greater than in December 2008, a solid 8.21 percent growth rate. The $244.83 billion total for the month nevertheless still fell about 7 percent shy of the December 2007 record of $262.62 billion. But to provide a sense of how remarkable 13 consecutive months of falling U.S. trade is, when… Read More
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