United States Balance of Trade- Trading Economics

http://www.tradingeconomics.com/united-states/balance-of-trade

This article explains how the trade deficit has differed of the last 65 years. It explains why it was so high or low and how to change it in the future. In 2012, the trade deficit was at an 11 month low; 39 billion dollars. After reading the other articles, I think that reducing the trade deficit is very important and that month to month goals are the way to accomplish the goal. That being said, this fact was a step in the right direction. This particular deficit was fueled by a lack of crude oil imports. Even though the U.S. imports many goods, decreasing crude oil imports could cause a major decrease. While decreasing imports is important; maintaining or growing exports is also a substantial part of the trade deficit. In November, exports fell by one percent and services also decreased. I think that this article gave concise and accurate information about a complex topic. If the U.S. accurately keeps track of the exports and imports, we will be able to reduce the trade deficit.