After falling sharply during the recession, U.S. vehicle exports have nearly reached their 2007...

|By:, SA News Editor

After falling sharply during the recession, U.S. vehicle exports have nearly reached their 2007 peak, notes Fed economist Thomas Klier in a report. 55% of exports still go to Canada and Mexico, but the Middle East (13%) and East Asia (10%) have also turned into major export markets. At the same time, the share of U.S. vehicle sales claimed by imports is falling. (previously)