Commerce Reports Exports Up 2.4%, Imports Up 2.9% in May 2010
The Commerce Department announced that U.S. exports increased by 2.4 percent in May 2010 to $152.3 billion from their April 2010 level. Imports in May increased 2.9 percent over April to $194.5 billion. Commerce Secretary Locke noted that exports continue…
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to boost the number of U.S. goods and services sold overseas -- up almost 18 percent over the first five months of the year.