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The contraction in European economic activity in a picture - U.S. exports to Europe dove $4B in...

The contraction in European economic activity in a picture - U.S. exports to Europe dove $4B in April, the biggest drop dating back to at least January 2005, notes Stone McCarthy. Exports to the continent are down 2.7% Y/Y, the first annual decline since February 2010, and not boding well for the U.S. economy.
Comments (7)
  • Is there are drop in petroleum imports cost?
    21 Jun 2012, 11:02 AM Reply Like
  • Walked past a practically empty Apple store in the UK yesterday...blew my little mind
    21 Jun 2012, 11:06 AM Reply Like
  • Zero Hedge...what is the percentage of European exports to total
    U.S.exports???
    21 Jun 2012, 11:09 AM Reply Like
  • The European economy is a preview of the US economy after Republican imposed austerity measures. As Soros said; you can not save your way out of this.
    21 Jun 2012, 11:18 AM Reply Like
  • So what you want us to take away from your comment (BEAR) is that:
    When you dig yourself into a deep hole and can't get out,
    You KEEP DIGGING?
    21 Jun 2012, 11:35 AM Reply Like
  • AN empty Apple store.....thats it...the end of the world is near.....
    21 Jun 2012, 11:26 AM Reply Like
  • Are you beginning to consider that ERCI and Hussman may be right in calling the recession, just no evidence of starting time yet?
    21 Jun 2012, 11:28 AM Reply Like
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