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Commerce Comments on "Goods and Services" Exports Increase in July 2010

After the Census Bureau's release of its July 2010 Trade in Goods and Services report showing that U.S. exports in July 2010 increased by 1.8 percent from their June level, while imports in July decreased 2.1 percent over June, Commerce…

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Secretary Locke noted that “The increase in exports and narrowing of the trade deficit underline how critical exports are to our continued economic growth and why the Commerce Department and the Obama administration are working aggressively to achieve the goals of the National Export Initiative -- doubling U.S. exports in the next five years.”