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re: The US trade deficit PLUMMETS 16% in one month, from May to June.
Posted on 8/5/25 at 2:31 pm to GeauxBurrow312
Posted on 8/5/25 at 2:31 pm to GeauxBurrow312
quote:
Yes, but it is misleading stat on the state of our manufacturing position. Similar to how GDP growth from tech does not have the same impact on middle america as GDP growth from trades or (lower tech) manufacturing.
Well that's a different argument, arguing we should devolve our economy (and SOL, vicariously) to make it more fair and equitable.
0
Posted on 8/5/25 at 2:32 pm to TigersnJeeps
quote:
Let's see where we are in 6+ months....
Yep. That's why I don't bother celebrating or whining about any of these numbers. It's way too early to draw any meaningful conclusions.
Posted on 8/5/25 at 2:33 pm to SDVTiger
Slowfakepro is like beetlejuice the more he is mentioned the more likely to come and infect the thread.
Posted on 8/5/25 at 2:33 pm to trinidadtiger
quote:
Coming out of WW2 we had the highest share of global GDP.....and we had trade surpluses til the mid 70s......
Massive govt deficit spending.
Posted on 8/5/25 at 2:50 pm to SmogkDeizKnutz
quote:this doesn’t really tell us anything good or bad.
The US trade deficit PLUMMETS 16% in one month, from May to June.
Are we buying less? Are our exports higher than previous years?
Posted on 8/5/25 at 3:00 pm to RogerTheShrubber
Come on shrub. We had surpluses because of our manufacturing not deficit spending. If that was the case we should have huge surpluses given our deficit spending now 
I am curious though, the balance sheet must balance, if we have a deficit, what is the offsetting entry?
I am curious though, the balance sheet must balance, if we have a deficit, what is the offsetting entry?
Posted on 8/5/25 at 3:05 pm to Ten Bears
quote:
but overall trade is down
Overall international trade is down when comparing May 2025 to June 2025. But it might common every year to see a decrease in trade between May and June.
Year over year, the three months ending in June 2025 showed:
- average exports increased $15.6 billion
- average imports increased $5.8 billion
That is very good news. Imports are still growing, but exports are growing over 2.5 times as fast.
This post was edited on 8/5/25 at 3:07 pm
Posted on 8/5/25 at 3:33 pm to JimEverett
This doesn’t look like winning to me
Posted on 8/5/25 at 3:39 pm to jeff5891
quote:
This doesn’t look like winning to me
Why not?
Posted on 8/5/25 at 3:46 pm to jeff5891
quote:
This doesn’t look like winning to me
It zoomed up at the end of the biden admin, then it was brought under control within 6 months.
Go look up in a 7yj grade textbook how 3-month averages work.
amazing coincidence, it plummeted right after the first 3 full months of the Trump admin and that would be the first 3-month average recorded during the Trump admin
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