A Growing Trade Deficit? Medical Goods Imports Plays a Role

Fernando Leibovici and Ana Maria Santacreu

On the Economy from Federal Reserve Bank of St. Louis

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 (search for similar items in EconPapers)
Date: 2020-11-10
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:89047

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