Friday, November 14, 2014Tweet
[IWS] USITC: SHIFTS IN U.S. MERCHANDISE TRADE 2013 [12 November 2014]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html
U.S. International Trade Commission (USITC)
SHIFTS IN U.S. MERCHANDISE TRADE 2013 [12 November 2014]
[full-text, 214 pages]
Press Release 12 November 2014
USITC RELEASES SHIFTS IN U.S. MERCHANDISE TRADE 2013
Merchandise Trade Deficit Decreased 3.4 percent, Exports Up 1.4 percent, Imports Down 0.5 percent As Deficit in Energy-Related Products Decreases by 22 percent
Shifts in U.S. Merchandise Trade 2013, an annual compendium of data and analysis examining changes in trade with key U.S. partners and in important U.S. industries, was released today by the U.S. International Trade Commission (USITC).
The USITC, an independent, nonpartisan, factfinding federal agency, releases the information in a web-based format that provides details and reasons for key shifts in trade and that can be searched by country or industry sector.
Users will find a comprehensive review of U.S. trade performance in 2013, focusing on changes in U.S. exports, imports, and trade balances of agricultural and manufacturing industries, key natural resources, as well as changes in U.S. trade with major partners and country groups. Also included are profiles of the U.S. industry and market for over 250 industry groups and subgroups, offering data for 2009-13 on consumption, production, and trade.
The report examines:
- industry developments and the principal drivers influencing trends in U.S. trade;
- leading products the United States exported to and imported from its most important trading partners and the key factors influencing trade in these products;
- price fluctuations, global market trends, government trade policies, and other major factors affecting U.S. trade in 2013.
In the 2013 report, a special topic chapter provides an overview of the use of value added as an innovative method of analyzing trade flows, as well as a discussion of relevant data sources. The chapter describes how this information can help business officials, government representatives, and others better understand the economics of global manufacturing and gain a more precise and nuanced picture of trade deficits and surpluses.
Shifts in U.S. Merchandise Trade 2013 can be accessed at http://www.usitc.gov/publications/332/pub4493.pdf.
# # #
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Links to this post: