Boeing, Texas storms drag U.S. trade to 18th straight decline — Panjiva
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Boeing, Texas storms drag U.S. trade to 18th straight decline

Ags - Grains/Beans 318 Cons. Discr. - Autos 1251 Energy - Conventional 469 Health Care 363 Industrials - Aero/Defense 204 Industrials - Capital Goods 623 Trade Balance 935 U.S. 5404

U.S. international trade activity fell for an 18th straight month in February with a 1.9% year over year decline. Imports of goods improved by 10.3%, largely due to a consumer boom. Trade in services dropped by 18.7% as the result of a continued loss of transport and travel services linked to the pandemic. One concern for the economy is that exports of goods fell by 5.1%, the fastest rate of decline since November. The biggest contributor was a 47.6% slump in exports of aerospace products due to Boeing’s challenges on top of the pandemic’s effects. There was also a 7.6% di...

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