Feb 2020 Trade Deficit Report

The nation’s international trade deficit in goods and services decreased to $39.9 billion in February from $45.5 billion in January (revised), as imports decreased more than exports.

February 2020: 39.9° $ billion
January 2020 (r): 45.5° $ billion

U.S. International Trade in Goods and Services

The nation’s international trade deficit in goods and services decreased to $52.5 billion in September from $55.0 billion in August (revised), as imports decreased more than exports.

September 2019: 52.5° $ billion
August 2019 (r): 55.0° $ billion

Dutch Official Explores Local Business Opportunities, Partnerships

Representatives from the Netherlands were in the Wilmington area Wednesday to explore business opportunities and potential partnerships in Southeastern North Carolina.

Bank Execs Discuss Doing Business Among National, Global Challenges

Two JPMorgan Chase & Co. executives joined local business and community leaders in a discussion about the economy and some of the trade challenges in the global marketplace. Jim Glassman, managing director and head economist for …

Leland Business Park Could Become Foreign Trade Zone [StarNews]

A group is working to breathe new life into the Leland Industrial Park.

The 600-acre park is already home to several successful businesses — Victaulic, Bradford Products, Tritech Forensics and Coca-Cola, to name a few — and it houses Brunswick Community College’s Business Incubator.

May 2019 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $55.5 billion in May from $51.2 billion in April (revised), as imports increased more than exports.

May 2019: 55.5° $ billion
April 2019 (r): 51.2° $ billion

October 2018 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $55.5 billion in October from $54.6 billion in September (revised), as exports decreased and imports increased.

October 2018: 55.5° $ billion
September 2018 (r): 54.6° $ billion

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September 2018 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $54.0 billion in September from $53.3 billion in August (revised), as imports increased more than exports.

September 2018: 54.0° $ billion
August 2018 (r): 53.3° $ billion

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Trade Deficit Grows as Exports Continue Decline

The nation’s international trade deficit in goods and services increased to $53.2 billion in August from $50.0 billion in July (revised), as exports decreased and imports increased.

August 2018: 53.2° $ billion
July 2018 (r): 50.0° $ billion

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Trade Deficit Grows as Exports Decline

The nation’s international trade deficit in goods and services increased to $50.1 billion in July from $45.7 billion in June (revised), as exports decreased and imports increased.

July 2018: 50.1° $ billion
June 2018 (r): 45.7° $ billion

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Tariffs could impact FTZ business benefits

Local and national trade experts say that Foreign Trade Zones can be a tool for local companies to utilize in global business, but whether it can aid in the national tariff situation is a more complex issue.

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More port projects on the way to support future growth

N.C. Ports’ container business has grown 61 percent, year over year to date, according to Paul Cozza, executive director of N.C. Ports.

To keep up with that growth, Cozza said port officials are looking into additional projects, including deepening the Cape Fear River and upgrading its container yard. The projects were part of the updates Cozza shared at a luncheon Friday hosted by the N.C. Foreign Trade Promotion Council.

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FTPC Adds RSM’s Charles Craft to Board

PRESS RELEASE — April 5, 2018 The Foreign Trade Promotion Council (FTPC) announced today that H. Charles Craft III, a partner with RSM US LLP(http://rsmus.com/) (“RSM”) is a new board member. RSM US LLP is the nation’s leading provider of audit, tax and consulting...

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